(11/20) Africa Industrialization day: Developing Africa through green industrialization

For environmentalists and development experts, green is not just a colour; it also refers to activities that benefit the environment – the careful use of the earth’s finite resources.

Africa’s policy wonks are already on the green bandwagon, having identified “green industrialization” as the Holy Grail of the continent’s socioeconomic transformation. They believe infusing green initiatives into value-chain activities – during the sourcing and processing of raw materials, and the marketing and selling of finished products to customers – can cure economic stagnation.

At recent economic forums in N’Djamena in Chad, Addis Ababa in Ethiopia, Abuja in Nigeria, Rabat in Morocco, even New York in the United States, and elsewhere, Africa’s experts have been expressing their support for green industrialization.

“Green industrialization is the only way for Africa…it is a precondition for sustainable and inclusive growth,” highlights the Economic Report on Africa 2016: Greening Africa’s Industrialization, published by the United Nations Economic Commission for Africa (ECA).

Green initiatives will move Africa from the periphery to the centre of the global economy, said Fatima Denton, director of the ECA’s Special Initiatives Division, during the African Development Week in Addis Ababa, in April.

Africa’s green industrialization advocates have borrowed from the Sustainable Development Goals (SDGs) adopted by world leaders in September 2015, and the Paris Climate Change Agreement of December 2015 – both promote green initiatives.

Given that energy production and use contribute up to 87% of overall carbon dioxide emissions generated by humans, curtailing the exploitation of fossil fuel is at the centre of green advocacy. The burning of fossil fuels like oil, coal and natural gas generates carbon dioxide, methane and water vapour, which in turn contribute to global warming.

For more informations, here’s a good analysis about this subject.

Source: Eurasia review


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