African leaders at the Second Africa Climate Summit (ACS2) in Addis Ababa this week called for a transformative shift in how the continent engages with global climate action, framing Africa as an indispensable partner in building a sustainable future. Under the theme 'Accelerating Global Climate Solutions: Financing for Africa’s Resilient and Green Development,' delegates emphasized Africa’s untapped potential to lead in renewable energy innovation and climate adaptation strategies.
From Rhetoric to Action
Ethiopian Prime Minister Abiy Ahmed opened the summit by stressing Africa’s 'dual reality' as both a climate-vulnerable region and a hub of green solutions. 'Africa’s vast natural resources, youthful population, and renewable energy potential position it to redefine the climate economy,' he said. Proposals included scaling solar and wind projects, protecting carbon-absorbing ecosystems like the Congo Basin, and leveraging mineral reserves critical for clean energy technologies.
Financing the Green Transition
Leaders highlighted the urgent need for equitable climate financing, noting that Africa receives less than 5% of global climate funds despite bearing disproportionate climate impacts. Kenyan President William Ruto urged international institutions to reform lending practices, stating, 'Debt-for-nature swaps and concessional loans must prioritize African-led initiatives.'
A Unified Voice
The summit concluded with a joint declaration demanding greater representation in global climate governance, including reforms to multilateral development banks and streamlined access to carbon markets. Analysts say the event signals Africa’s growing assertiveness in shaping climate policy, with implications for investors and policymakers worldwide.
