Public Management

A new report signals progress on African countries’ efforts toward readiness for green growth

A new report signals progress on African countries’ efforts toward readiness for green growth
Thursday, 08 September 2022 19:56

The African Development Bank and the Global Green Growth Institute (GGGI have launched a report analysing  the readiness of seven countries - Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon and Mozambique - to drive green growth.

The joint report was launched on the sidelines of Africa Climate Week, in Libreville, Gabon. It assessed the status and trends of green growth as well as countries’ preparedness for the green growth transition across a number of metrics. It also offered recommendations for the countries surveyed in the report.

Malle Fofana, GGGI’s Director and Head of Programs for Africa said: “Our joint study Green Growth in the Context of NDC, LTS and SDGs Implementation in Africa, which assesses the state and readiness of green growth implementation, highlights key valuable insights for our members states.”

The report found evidence that African countries are demonstrating growing political commitment to green growth. Governments actively champion the UN Sustainable Development Goals and nationally determined contributions under the Paris Agreement. Kenya, Morocco and Tunisia, in particular, have incorporated into their constitutions citizens’ right to a clean and safe environment and other related rights. Rwanda, Kenya, Morocco, Senegal and Mozambique have adopted national green growth and climate-resilient economic strategies.

Al-Hamndou Dorsouma, African Development Bank Officer in charge for Climate Change and Green Growth and co-lead of the report said: “This report is expected to stimulate valuable dialogue and debate about ways to advance climate action and green growth in Africa. For the Bank, investing in green growth requires both policy interventions and adequate financing, especially that green growth investments require significant upfront financing to harness the innovative environmental solutions and clean technologies. This includes building resilient and low-carbon economies, smart and sustainable cities, greening industrialization, and building climate-resilient infrastructure”.

Scope exists for improvement across the nine categories of green growth readiness that the report assesses, particularly legal & regulatory, financing, research and development human capacity, and monitoring & reporting.

During the launch event, GGGI’s Dr Pranab Baruah, a co-lead on the report, emphasized the importance of operational readiness for green growth, which includes measurement, reporting, and verification (MRV) systems for effective planning and implementation of the NDC/SDGs.

The session also offered participants the opportunity to respond to the report’s findings. African Development Bank and GGGI experts also outlined the ways the report will guide their operational planning going forward.

About the African Development Bank Group

The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.afdb.org

 maurice la jica accorde une aide de 289 millions pour la lutte contre le covid 19 dans une initiative avec la bad

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ecobank’s 2025 results reflect the shift of a pan-African bank toward a more profitable, disciplined and long-term-oriented model. At 40, the challenge is...
Africa Re reports net profit of $199 million in 2025, up 50.62% year-on-year. Investment income reaches record $114 million while FX losses...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchise. Transaction may alter Servair Abidjan revenue...
Africa’s ultra-wealthy population expected to rise 15% by 2031 Continent’s share of global wealth declines amid faster growth...
Most Read
01

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
02

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
03

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
04

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
05

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.