The climate mitigation team was in Kigali at the end of June to attend the 2016 Africa Carbon Forum, an annual event aimed at spurring investment in climate- conscious projects. This year’s event lasted 3 days and was held at the Kigali Conference and Exhibition Village.
The forum provided a comprehensive platform for project developers and policymakers to share on, and discuss about latest investment, finance and development opportunities in the climate change sector.Participants in the event took part in a variety of discussions, training workshops and side events covering a broad selection of topics such as climate finance; formulation, implementation and monitoring of low emissions development approaches; and the extent of need for regional standardised baselines, among others. A number of sessions were also organized for ministerial level participants. These allowed them to communicate amongst themselves, on matters pertaining to their country positions regarding implementation of climate change activities.
The event was deemed successful, attracting people from about 40 countries, including representatives from government, academia, international agencies, NGOs, Energy and Climate Consulting firms and the private sector.
By the end of the forum, it was generally agreed that African countries should push the international community to make changes to the financing modalities under the Paris Agreement so as to ease access to Finance. Participants further opined that in order to expedite implementation of the Paris Agreement (International Climate Change agreement) in African countries, there is a need to view climate finance as ordinary development finance. This change in perspective will facilitate a toning down of the currently stringent access requirements.