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African Arguments

  • Debating Ideas
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Economy

Home›African Arguments›Category: "Economy" (Page 2)
  • Mining indaba. A mine in Zambia. Credit: gman1981.
    ClimateEconomyTop story

    How Africa can make demand for its mineral wealth a race to the top

    By Alaka Lugonzo
    February 3, 2025
    Without a collective vision and commitment to transparency, Africa’s vast mineral resources may only benefit the Global North. This week, the Mining Indaba begins ...
    Read More
  • CAADP. Women in Ethiopia carrying wood. Credit: Rod Waddington.
    ClimateEconomyTop story

    Two decades on, Africa’s agricultural vision remains unfulfilled

    By Wafa Misrar
    January 28, 2025
    While CAADP has led to some positives, its top-down approach has undermined its urgent transformative potential. In 2003, the Comprehensive Africa Agriculture Development Programme ...
    Read More
  • Countries in Africa like Guinea Bissau require adaptation finance to adjust to the increasing risks from sea level rise, floods, storms and other natural hazards. Credit: Pedro Lourenço.
    ClimateEconomyTop story

    Locally led, globally backed: The need to redefine adaptation finance

    By Alfred Besa
    December 11, 2024
    Adaptation finance for Africa is falling dangerously short, both in quantity and quality. COP29 did little to help. Over the past century, temperatures in ...
    Read More
  • IDA replenishment funds have been important in supporting initiatives such as sanitation projects in Malawi. Credit: WSSCC/Katherine Anderson.
    ClimateEconomyTop story

    With the world at a crossroads, robust IDA is more critical than ever

    By Mahmoud Mohieldin & Daouda Sembene
    December 5, 2024
    Low-cost financing is not just a lifeline for low-income countries but the world’s collective future in a time of uncertainty. As the International Development ...
    Read More
  • Ali Mohamed, chair of the African Group of Negotiators (AGN), which pushed for discussed on unilateral trade measures speaks with UNFCCC Executive Secretary Simon Stiell on the final day of COP29. Credit: IISD/ENB | Mike Muzurakis.
    ClimateEconomyTop story

    “Continuously opposed”: Global South vexed at what went unsaid at COP29

    By Rishika Pardikar
    December 5, 2024
    In Baku, developed countries managed to prevent comprehensive discussions of unilateral trade measures. They can only delay for so long. For the first time ...
    Read More
  • On Day 1 of the talks, COP29 President Mukhtar Babayev (pictured embracing COP28 President Sultan Al Jaber) announced the approval of new carbon market rules. Credit: IISD/ENB | Mike Muzurakis.
    ClimateEconomyTop story

    COP29 opened carbon markets to cowboys when a sheriff is needed

    By Khaled Diab
    December 2, 2024
    Under the new carbon markets framework agreed in Baku, countries face no real repercussions if they fail to abide by the rules. At the ...
    Read More
  • Negotiators from the G-77/China bloc of developing countries huddle during the consultations on the New Collective Quantified Goal (NCQG) on climate finance at COP29. Credit: IISD/ENB | Mike Muzurakis.
    ClimateEconomyTop story

    COP29: Why Africa’s $1.3 trillion climate goal makes perfect sense

    By Joyce Banda
    November 15, 2024
    Global leaders should keep in mind that the benefits of climate financing far outweigh the costs of implementing them.  Climate events can turn on ...
    Read More
  • ClimateEconomyTop story

    Fudged figures, gas, and debt: Digging into MDBs’ “climate finance”

    By Petra Kjell Wright
    November 14, 2024
    Half of all Multilateral Development Banks’ climate finance goes to Europe. Just 4% is grants. We don’t just need more but better climate finance. ...
    Read More
  • At COP29, the UN Secretary General Antonio Gutteres said doubling down on fossil fuels would be "absurd". Credit: Stakeholder Democracy.
    ClimateEconomyTop story

    The real “gift from God”: Why the Africa Energy Bank is a bad idea

    By Samuel Onuigbo
    November 14, 2024
    A coalition of African oil-producers is set to launch a $5bn oil bank. This is not just environmentally but economically misguided. In his address ...
    Read More
  • Credit: Mikko Ollikainen, Head of the Adaptation Fund (second from left), speaks at the predecessor to COP29. Credit: IISD/ENB | Matthew Ten Bruggencate.
    ClimateEconomyTop story

    “Extremely urgent”: An interview with the head of the Adaptation Fund

    By Rishika Pardikar
    November 12, 2024
    With the Global South hoping COP29 can bring progress on the $215-387 bn per year needed for adaptation, we spoke to the head of ...
    Read More
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