Africa Climate summit and call for global carbon tax

Africa Climate summit and call for global carbon tax

Subject : Environment

Section: Environmental conventions

Context: African leaders call for new global taxes to fund climate change action

More about the news:

• African leaders proposed new global taxes to fund climate change action in a declaration that will form the basis of their negotiating position at November’s COP28 summit.

What is the Africa Climate Summit (ACS):

• The Africa Climate Summit is a landmark event co-hosted by the Republic of Kenya, the African Union Commission (AUC).
• It brings together Heads of State and Government, policymakers, civil society organizations, the private sector, multilateral institutions, and youth to design and catalyse actions and solutions for climate change in Africa by providing a platform to deliberate on the nexus between climate change, Africa’s development reality, and the need to push for increased investment in climate action globally, and specifically in Africa.
• Africa Climate Summit (ACS) is going to be held in Nairobi,Kenya.
• The theme for this year’s summit is, ‘Driving Green Growth and Climate Finance Solutions for Africa and the World.’

What is Africa Climate Week (ACW):

• It is an annual event that brings together leaders from governments, businesses, international organizations and civil society to explore ways to reduce greenhouse gas emissions while adapting to the mounting fallout from the climate crisis.
• ACW 2023 is organized into four systems-based tracks, each focusing on specific themes:
  • Energy systems and industry 
  • Cities, urban and rural settlements, infrastructure and transport 
  • Land, ocean, food and water 
  • Societies, health, livelihoods, and economies 
• ACW 2023 is organized by the United Nations Framework Convention on Climate Change (UNFCCC),  United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP) and the World Bank, with the support of regional partners: African Union (AU), United Nations Economic Commission for Africa (ECA) and the African Development Bank (AfDB).