GREEN INDUSTRIALIZATION

Facebook
Twitter
WhatsApp
  • NIGERIA AND ANGOLA ON THE SPOTLIGHT
  • OIL ,COAL AND NATURAL GAS ACTIVITIES CONTRIBUTE TO GLOBAL WARMING
  • SOLAR ,WIND ENERGY AND AFFORESTATION ARE KEY TO GREEN INDUSTRIALIZATION
Continued concerns are being raised across the globe by environmentalist on clean energy especially in Europe and parts of USA, however,  green industrialization environmentalists and development experts argue that green is not just a color but also refers to activities that benefit the environment and the careful use of the earth’s limited resources . Africa’s policy wonks are already on the green bandwagon, having identified “green industrialization” as the Holy Grail of the continent’s socio-economic transformation. They believe infusing green initiatives into value chain activities during the sourcing and processing of raw materials, and the marketing and selling of finished products to customers can cure economic stagnation.
Industrial logging
Industrial logging posses a serious threat to green industrialization
At recent economic forums in N’Djamena in Chad, Addis Ababa in Ethiopia, Abuja in Nigeria, Rabat in Morocco, even New York in the United States, and elsewhere, Africa’s experts have been expressing their support for green industrialization as the only way for Africa. It is a pre-condition for sustainable and inclusive growth. Green initiatives will move Africa from the periphery to the Centre of the global economy. Africa’s green industrialization advocates have borrowed from the Sustainable Development Goals (SDGs) adopted by world leaders in September 2015, and the Paris Climate Change Agreement of December 2015—both promoting green initiatives.
Given that energy production and use contribute up to 87% of overall carbon dioxide emissions generated by humans, curtailing the exploitation of fossil fuel is at the center of green advocacy. The burning of fossil fuels like oil, coal and natural gas generates carbon dioxide, methane and water vapor, which in turn contribute to global warming. However, it may be tough to sell  the policy to Africa’s oil and natural gas exporters like Angola and Nigeria, on limiting fossil fuel drilling. For both countries, oil accounts for more than 90% of exports and at least two-thirds of the national budget. The price of oil dropped from a peak of $100 a barrel in 2015 to about $50 by mid-June 2016. Before the oil price crash, even countries just discovering oil like Ghana, Liberia and Sierra Leone anticipated a financial windfall from the sector.
TRIPLE BOTTOM-LINE
According to reliable sources, value of renewables is a positive impact on the “triple bottom-line”, a term that refers to a company’s profit, its social responsibility activities and its environmental impact. Africa’s capabilities for “leapfrogging “ , another buzzword at economic forums, constitutes a significant economic advantage for the region. Simply put, African countries implementing green initiatives won’t have to go through every intermediary stage of technology, but instead can directly access the latest available on the market. Africa can therefore be expected to take a giant developmental step, the leapfrog. Industrialized countries, on the other hand, will have to retrofit older infrastructure, somehow a burdensome expense.
Ethiopia in 2011 adopted a Climate Resilient Green Economy strategy as part of its ambitious plan to propel the country into middle-income status by 2025. The government is partnering with the private sector to help communities engage in sustainable farming. In the Democratic Republic of the Congo, a tree-cloning project is enhancing afforestation (establishing forests on lands that have not been forested for a long time) and reforestation (establishing forests where they have been destroyed). Climate change experts consider afforestation and reforestation effective methods of combating global warming. Despite the DRC’s efforts, it is considering lifting the moratorium on logging that has been in place since 2002 and  this could threaten the forests, experts believe.
Wind turbines at sea
Wind turbines harvesting rich strong winds from the ocean. Image , Guardian
Globally, countries have been slow to embrace green technology “because of the lingering belief that environmental regulations erode competitiveness. Africa must adopt a cautious approach in attempting large-scale investments in green technologies, the main problem with green investments as the 2011 paper showed, was that costs, made worse by regulations, further stifled interest. Investing in environmentally friendly agricultural equipment, for example, requires heavy upfront costs and the transition from the existing mode of production to the new one requires complementary technical innovation.
There is also the argument that since Africa contributes the least of all continents to global warming, it should not be compelled or expected to adopt policies that mitigate global warming.
TRANSFORMATION
The green economy train has been running at full speed due to several factors, including innovative technologies, which are bringing down the cost of renewables considerably. In addition, a crash in commodity prices, particularly in extractives, is sending some of Africa’s economies such as Kenya, Angola, Nigeria and South Africa spiraling into chaos, forcing many countries to explore opportunities in green industrialization. Government leadership has been playing a key role in driving the growth of renewables, particularly wind and solar, in the power sector including many in Africa.
As of early 2016, 173 countries had renewable energy targets in place and 146 countries had support policies. Cities, communities and companies are leading the rapidly expanding “100% renewable” movement, playing a vital role in advancing the global energy transition. Additional growth factors include better access to financing, concerns about energy security and the environment and the growing demand for modern energy services in developing and emerging economies.
solar energy site
Experts supervise a solar energy harvesting project
While young people provide a valuable resource to be harnessed in national development, they can also drive green industrialization if they have green jobs in various sectors. Many African countries are planning or already implementing green projects. In March 2014, an intergovernmental committee of experts from Central African countries (Angola, Cameroon, the Central African Republic, Chad, the Democratic Republic of the Congo, Equatorial Guinea, Gabon, the Republic of the Congo and São Tomé and Príncipe) met in N’djamena to hash out a plan for transitioning to  green economies.
article by Sam Idewa
contribution by John Maloba

Leave Comments

Facebook
Twitter
WhatsApp
Ernest Wilson

ERNEST WILSON DIES AT 69

Ernest Wilson, a founding member of the “Clarendonians“, died on Tuesday at the Kingston Public Hospital, his son Michael Wilson confirmed to the press. He

Read More »

EXPLORE MORE NEWS

marijuana

MARIJUANA TO BE LEGALIZED IN GERMANY

Party leaders in Germany’s incoming government coalition have reached an agreement to legalize marijuana nationwide. The legalization legislation is expected to be introduced during the

Read More »
Uganda Airlines

UGANDA AIRLINES BOSS UNDER PROBE

SHE HAS 15 YEARS OF EXPERIENCE JENNIFER BAMUTARAKI HAS NO POST-GRADUATE TRAINING IN ADMINISTRATION SOURCES ARE POINTING AT A POLITICAL GODFATHER A parliamentary committee found

Read More »

3 MORE MONTHS FOR JAH CURE

Jamaican star, Jah Cure was remanded back into custody in Amsterdam last week Monday and will likely stay behind bars for approximately 3 more months.

Read More »
The Rock

THE PHENOMINAL ROCK

POSSIBLY THE HIGHEST PAID ACTOR IN THE WORLD MADE A FORTUNE FROM BOTH WRESTLING AND ACTING THE ROCK HOLDS DUAL CITIZENSHIP HAS HIS OWN MOVIE

Read More »

ample Article

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum risus nibh, interdum vel venenatis eu, faucibus sit amet ipsum. Aenean fermentum elit a sagittis suscipit.

Read More »
Frenkie de jong- Man United wish list

MAN UNITED AT CROSSROADS

MAN UNITED FRENKIE DE JONG PURSUIT BOOSTED UNITED FACE BRIGHTON THIS SUNDAY AFTERNOON LEROY SANE MIGHT BE AVAILABLE FOR UNITED SESKO UNAVAILABLE TILL NEXT SEASON

Read More »

LONDON HIT BY FLOODS

Heavy rainfall has pounded London forcing two East London health facilities to ask patients to stay away as their emergency departments were heavily affected on

Read More »
Ernest Wilson

ERNEST WILSON DIES AT 69

Ernest Wilson, a founding member of the “Clarendonians“, died on Tuesday at the Kingston Public Hospital, his son Michael Wilson confirmed to the press. He

Read More »
Darwin Nunez- Premier league

THE PREMIER LEAGUE WEEK 2

THE PREMIER LEAGUE ENTERED ITS SECOND WEEK LIVERPOOL’S PROBLEM IS BASED ON INJURIES TUCHEL UNDER FA PROBE MAN UNITED TRAILING ON THE TABLE   The

Read More »
Mike Sonko

THIS MAN SONKO

Mike Sonko once served as a member of parliament Impeached as Nairobi Governor in a plan he claims was hatched by the president Flashy lifestyle

Read More »

HOPE FOR NORTHERN WHITE RHINO

Three more northern white rhino embryos and greater diversity! On July 9th, the scientists and conservationists of Leibniz Institute for Zoo and Wildlife Research (BioRescue),

Read More »
Joe Biden in Jeddah

SAUDI ARABIA REFORMS ON TRACK

Saudi Arabia reforms have drawn huge international interest, especially from would-be investors, who wish to see a more liberal Kingdom embracing positive change. The Saudi

Read More »

MBAPPE’S TRANSFER DILEMMA

Mbappe’s transfer dilemma seems to have reached a dead end. It’s no secret that Kylian Mbappe wants to play for Real Madrid. The famous picture

Read More »
Frenki deJong- wanted by tuchel

TUCHEL AND KLOPP WARY OF PEP

TUCHEL AND KLOPP ARE GOING FOR THE BEST TO COUNTER CITY FRENKIE DE JONG COULD TASTE CHAMPIONS LEAGUE FOOTBALL WITH CHELSEA CUCURELLA’S MOVE TO STAMFORD

Read More »
Green industrialization

GREEN INDUSTRIALIZATION

NIGERIA AND ANGOLA ON THE SPOTLIGHT OIL ,COAL AND NATURAL GAS ACTIVITIES CONTRIBUTE TO GLOBAL WARMING SOLAR ,WIND ENERGY AND AFFORESTATION ARE KEY TO GREEN

Read More »
Ethiopian Air mishap

ETHIOPIAN AIRLINES MISHAP

ETHIOPIAN AIRLINES IS THE BIGGEST AFRICAN CARRIER CREW HAS BEEN SUSPENDED PENDING INVESTIGATIONS INCIDENT COULD HAVE BEEN A RESULT OF AIRLINE OVERWORKING CREW Two pilots

Read More »
Babu wanyonyi

BABU THE HUMAN OCTOPUS

BABU THE HUMAN OCTOPUS IS ALWAYS NEUTRAL BOOKMAKERS ARE SCARED OF BABU’S ACCURACY ARSENAL FANS NEVER TRUST BABU AND THEY DO SO UNFAIRLY BABU IS

Read More »

BARCELONA IN THE RED

Four seasons ago, four months after Barcelona’s historic 6-1 comeback in the UEFA Champions League Round of 16, PSG took revenge by seizing the engineer

Read More »