UN to Control World’s Information and Communications From Internet Hub in Africa
Susanne Posel, Contributor
Monday, May 21, 2012
In a report from the World Bank, Africa’s economic development was outlined as a “golden opportunity for a green future”.
At the 4th Africa Carbon Forum (ACF) “The vast potential represented by African countries in the fight against climate change cannot be underestimated,” said Christiana Figueres, Executive Secretary of United Nations Framework Convention on Climate Change (UNFCCC).
“The Africa Carbon Forum is where potential projects and developers and funders can meet, exchange ideas, and – it is hoped – take the concrete steps toward greening Africa’s future.”
The ACF held a conference where policymakers, project developers, and private investors discussed climate-smart agriculture, public and private partnerships and funding for projects. However, it is clear that Africa holds more promise than just the inception of carbon emission reduction and carbon finance.
The attraction of Africa is its rich wealth of natural resources. This continent contains enormous deposits of diamonds, cobalt, copper, uranium, magnesium and tin. Over $1 billion in gold is mined each year.
The UK’s Department of International Development, along with researchers from the British Geological Survey and the University of London found underground aquifers of clean and untouched water in Africa that are 100 times the amount found on the surface of the continent.