Carbon market hype could slow down local efforts to industrialise
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Nairobi, Sept. 14 -- The Africa Climate Summit came and went. African states undertook to take a common position during the COP 28 global meeting to be held in the United Arab Emirates in a few months' time.
Pledges, which stood at $26 billion, were made in support of Africa's switch to clean energy. Not much for the challenge.
Kenya's President William Ruto stood out, harnessing his oratory skills to distinguish himself as a major voice for Africa on this climate issue.
But one gets the impression that the hyped debate on the carbon market could divert Africa's efforts to industrialise and mitigate climate change.
Yes, the world has a huge problem in its hands. Nevertheless, Africa could lose time and opportunity to advance its clima...
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