Addis Ababa October17/2017The Global Green Growth Week 2017 commenced today, in Addis Ababa, under the theme: “Unlocking Africa’s Green Growth Potential”.
The four-day event is hoped to serve as a platform bringing together over 500 ministers, investors and decision makers, among others to catalyze creative solutions for transformational green growth in Africa.
The discussions of the meeting will revolve around achieving nationally determined contributions to the Paris Agreement and making progress on the UN Sustainable Development Goals.
Mobilizing green/climate finance to bankable projects in developing countries; sustainably managing resources to address water and food security challenges; and developing and adopting policies that drive environmentally sustainable and socially inclusive economic growth are agendas of the meeting.
The Ethiopian Ministry of Environment, Forest and Climate Change together with the Global Green Growth Institute organized the event.
It was Demeke Mekonnin, Deputy Prime Minister of Ethiopia who officially opened the event. In his keynote address, Demeke underlined the strong and long-standing advocacy of Ethiopia for green growth by fighting back the threat of climate change.
Ethiopia tenaciously endorses the issues of Global Green Growth as the mainstream policy, according to the Deputy Prime Minister.
Poverty is the major factor that entails adverse situations to the integrity and well-being of environment, Demeke pointed. As a result, he called upon the international community to enhance their efforts in realizing green development in Africa.
Abdella Hamdock, Deputy Executive Secretary for ECA remarked that Africa needs transformational leadership inside and good partnership at the international level for the realization of the green economy approach.
Not only Africa but countries through-out the world must recalibrate their policies along the lines of the new initiatives for green economy, Hamdock added.
Gemedo Dalle (PhD), Minister of the Environment, Forest and Climate Change of Ethiopia said the green growth idea serves as an avenue to promote economic growth and development while ensuring natural assets serve the wellbeing of mankind.
There should be no “one-size-fits-all” prescription for fostering green growth as countries are faced with different challenges and could possess unique opportunities depending on their specific situations, he said.
The Week is expected to have over 15 unique sessions and meetings which will highlight examples and success stories, like the Ethiopian Climate Resilient Green Economy Facility case, of global and African green growth interventions, policies and strategies.
The sessions include Africa’s Green Energy Challenges and Off-grid Renewable Energy Solutions, Green Strategies and Success Stories in Africa, Greening the Belt and Road initiative.
It is learnt that over 600 participants would involve in the ongoing sessions of the event. The participants are from all over the world.