ISS Round Table, Addis Ababa: Climate Finance for Africa
Date: 2012-07-25
Venue: , ISS Addis Ababa
, 5th Floor
, Get House Building
, Africa Avenue
, Bole
RSVP:
Ms. Shahnaaz Parker
Email: [email protected]
Exploring just and effective sources and architecture of
climate finance for Africa
The
outcomes of the Conference of Parties’ seventeenth session (or COP17) of
December 2011 show important progress on climate finance with the Green Climate
Fund (GCF) being launched. The GCF is described as ‘Africa’s big hope’ because it reflects calls from the continent over
many years for a global climate fund that is representative and democratically
governed, effective and accountable, and designed to meet the needs of those
most marginalised and vulnerable to climate change. However,
Africans may question whether the absence of clear decisions on governance
aspects of the GCF remains a thorny issue. Furthermore, as funds trickle down
to the local level where impacts are felt, the development of similar
mechanisms of integrity, oversight and access requires urgent attention.
The
immensity of the challenge to develop an architecture that can deliver finance
to the most needy on the continent grows in tandem with the increase in actual
and potential funding inflows. The threats of climate change to Africa are
escalating, with costs estimated at 2,7% of Africa’s GDP by 2030. A highly
sophisticated architecture is therefore regarded as necessary to manage and
deliver this vast amount of funding. In fact, the Institute for Security
Studies has long held that without the implementation of sound governance
structures the threat of climate finance being lost to corruption and poor
governance is particularly great.
Given
the above understandings, the ISS’s Governance & Corruption Division has
been working, with the support of the Hanns Seidel Foundation (HSF), to provide
evidence-based advice to key decision makers in order to promote a sound
climate finance governance architecture in Africa that can stand up to the
immense task at hand. After two and a half years of sustained research and engagement,
the ISS has convened this meeting in order to share and constructively dialogue
our research findings, as well as to engage other perspectives about how best
to deliver climate finance in Africa.
Programme
08:30 Registration
09:00 Welcome
Amb. Olusegun Akinsanya, Institute for
Security Studies-Addis Ababa office
09:10 Keynote
address: Benefits of the green economy for Africa
Amb. Ibrahima Dia, Joint AU/UN/AfDB Secretariat TBC
09:30 Climate
change crisis and the impact on Africa
Dr.
Debay Tadesse Institute for Security Studies-Addis Ababa office The
importance of
10:00 Green
Climate Fund: New hope for Africa?
Prof Oliver Ruppel, Stellenbosch University
10:45 Governing
climate finance: What requirements at the national level?
Ms. Trusha Reddy, Institute for Security
Studies-Cape Town office
11:30 Getting
to $100 billion – Exploring the sources of finance
Dr. MulugetaMengist
Ayalew, UNECA-Africa Climate Policy Centre
African
Development Bank TBC
Mr. David
Mwayafu, Pan African Climate Justice Alliance
13:00 Lunch
14:00
Close
This event is made possible through the funding from the Hanns Seidel Foundation
