Power Shift Africa

Policymakers from African nations have been securing frameworks which could spark momentous change for the region and the rest of the world. Africa’s potential to lead the global green energy transition is unmatched and with adequate support, this transformation is within reach. But, what does adequate support look like? https://lnkd.in/dvp9EZVh African Business Magazine

November Highlight: A drop in the ocean! Power Shift Africa Director Mohamed Adow responded to the draft text in a media hurdle last week at #COP29 with disappointment at the $250 billion figure. Upon review, countries settled on $300 billion, a drop in the ocean compared to the $1.3 trillion developing countries require to tackle the climate crisis. Listen in!

"We want developed countries to take responsibility for their historical actions. Developed countries should also accept their responsibilities and allocate at least 600 billion dollars in the form of grants and concessional financing. Furthermore, all parties must collectively mobilize for mitigation and adaptation measures, as well as the Loss and Damage Response Fund. Without this, fighting climate change globally will not be possible," - Mohamed Adow, Director of Power Shift Africa, in an interview with journalists, AzerNews Newspaper reports https://lnkd.in/eKt53iqb

COP29 ends with compromise on climate financing Reacting to the outcome, United Nations Secretary-General António Guterres said, “I had hoped for a more ambitious outcome – on both finance and mitigation – to meet the great challenge we face.” The question on everyone's mind is, what next. Find out what World Meteorological Organization's plan consists of: https://lnkd.in/egi9Bwey #COP29 #ClimateActionNow

You probably don’t need more statistics to know the debt crisis facing low-income countries is bad. But here are two anyway: • 3.3 billion people live in countries that spend more on debt interest payments than education or health. • The world’s lowest-income and most climate-vulnerable countries have debt repayments that are twice what they receive in climate finance! Debt and repeat? https://lnkd.in/eFGAXnvd

Backroom Deals and Betrayal: How COP29’s late $300bn deal left nobody happy “The goal of limiting global heating to 1.5C was at the ICU. It feels like that bed just broke,” said Juan Carlos Monterrey, Panama’s climate envoy, standing outside the hall in which the final meeting of the Cop29 climate summit had just ended. “This very low level of finance … means death and misery for our countries.” https://lnkd.in/gkvxfMXb

As #climate impacts increase, so does the violence and harassment facing women in the world of work. Devex looks at the reasons why, and the efforts to address it. https://lnkd.in/eed4riBq #16DaysOfActivism2024 #16Days #COP29

“A Great Swindle”: Activists Slam Draft Climate Plan Reducing How Much Rich Polluting Countries Owe During the final hours of #COP29, Democracy Now! Productions captured the mood on the ground with climate justice activists outraged at how little money is being offered by the most polluting nations to countries most severely affected by climate change. Mohamed Adow, Founder/Director of Power Shift Africa explains why Baku was crucial in this interview. #COP29 #Baku #Azerbaijan #ClimateAction #payupforclimate #PayUp Climate Action Network International Office of the Special Envoy for Climate Change Kenya

Africa Slams COP29, Calls it "Betrayal" | Firstpost Africa Africa still gets less than 1% of the global climate financing on an annual basis! Watch the video to know more about the contention between Africa and developed countries. https://lnkd.in/dMTahBRP #cop29 #africa #climate Office of the Special Envoy for Climate Change Kenya

Rich countries staged a great escape, and a betrayal of people and planet - Power Shift Africa Director, Mohamed Adow "The rich world staged a great escape in Baku. With no real money on the table, and vague and unaccountable promises of funds to be mobilised, they are trying to shirk their climate finance obligations," he said. So what next? Read more on 'View(s) from Africa': https://lnkd.in/dWZQ_jBj #COP29 #GlobalSouth #Africa