LocationsAfrica should unleash its immense natural resource wealth to pursue sustainable economic growth and development, said the participants of the African Economic Conference as the event came to a close today.
Africa has sustained a decade of solid progress, including impressive rates of economic growth. But the region faces the daunting task of making growth more broadly shared, creating employment and embarking on long-term and sustainable human development.
This would mean creating resilient, low-carbon economies, which would not only help contribute to global climate change mitigation efforts but would generate economic and business opportunities, including new employment prospects, and boost trade to the benefit of all Africans.“Making the growth process more inclusive and sustainable are two objectives that must go hand in hand,” said Tegegnework Gettu, Director of UNDP’s Regional Bureau for Africa.
To achieve green growth, the region must begin to invest in its renewable and clean energy resources. It must also make sustainable use of its natural resources such as land and forests and capitalize on new opportunities to promote sustainable agriculture. Initiatives to mobilize carbon credits by slowing down deforestation and forest degradation are already underway and paying dividends.
African Economic Conference calls on continent to embark on green growth
March 5, 2019
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