Okavango Capital Partners

It's our pleasure to announce another of the panels at the #AVCASummit2024, 'Climate Action Now - Identifying and Accelerating the Transition in Africa' This panel explores the concept of a "just climate transition" for Africa, emphasizing the need for a context-specific approach. Featuring an expert lineup: Paul Frankish, Head, Strategy Initiatives at African Infrastructure Investment Managers (AIIM) Hugh M., Principal at EBRD Rachel Moré-Oshodi, Managing Director and Chief Executive Officer at ARM-Harith Infrastructure Investment Limited Josep Oriol, Managing Partner at Okavango Capital Partners Capital Alison Klein, Managing Director at Akmazo Don't miss the chance to be part of this insightful conversation on sustainable investing! 🌿 #SustainableInvesting

It takes 50 years to reabsorb deforestation emmissions! You often hear/read me drone on about the critical importance of avoidance carbon credits, particularly in the context of avoided deforestation. Steve Zwick elegantly summarised why those in the nature based solutions space insist on avoidance credits, citing this 2019 paper from Nature: One hectare of deforestation emits 355 tons of CO2 (all at once). One hectare of reforestation absorbs 6.7 tons of CO2 per year. In other words, it will take 50 years for newly planted trees to reabsorb the carbon released by every hectare deforested today. Reforestation is great, but stopping deforestation and degradation is critical. When you find yourself in a hole and want to get out: first, stop digging. https://lnkd.in/eyjqSEED

Global Carbon Pricing Revenues Top a Record $100 Billion. “Carbon pricing can be one of the most powerful tools to help countries reduce emissions. That’s why it is good to see these instruments expand to new sectors, become more adaptable and complement other measures,” said Axel van Trotsenburg, World Bank Senior Managing Director https://lnkd.in/eBUXeNQu.

"Despite repeated pledges of financial support from high-polluting nations, they haven’t delivered what they promised. And even if they did, it wouldn’t be nearly enough to support the urgent action that’s needed. That makes carbon markets a critical source of financing." Great article by Fred Krupp of the Environmental Defense Fund (EDF). There is a right and a wrong side of the ideological debate around Carbon Markets. Yes, make no mistake - the debate is not scientific. It confronts people who believe in the private sector and markets as an instrument for positive impact, and people who believe in state-owned resources, and have a negative view of markets. It is an old debate - one where collectivists always (wrongly) assume they have the moral upper hand. I am on the pro-makets side, although I do not believe in 100% free markets - there is a role for states and multilateral organisations. Their key role is establishing fair playing-fields, regulations and acting as referees. But the driving force, if we are to have any hope of achieving scale in our fight against climate change, biodiversity loss and rural poverty, will always depend on private sector actors.