Climate compensation fund approved, other issues up in air
NBCJUL 2022
While the summit's goals are laudable, there has been too much emphasis placed on carbon markets. While these markets seem like a positive way to invest in climate change, they simply reinforce the inequities already in existence between the wealthy carbon-emitting nations and poor, vulnerable nations. Continuing to increase emissions and shifting the climate responsibility to projects completed in Africa is a negligent and short-term solution to the global climate crisis.
Africa is stepping into the spotlight as a critical driver in climate change conversations. The continent is home to a large swath of the world's biodiverse landscapes and a large portion of the world's most vulnerable populations. With Kenya leading, the consortium of nations will not only show the world that Africa is not the problem but a key piece of the solution — and a center for the future of climate change action.