MASTERCARD FOUNDATION
“ With climate change posing a major challenge to African economies , governments have been implementing policies and programmes to address its impacts . These are particularly focused on the energy and agriculture sectors , which will need to undergo significant changes to adapt to climate change . Green technologies offer opportunities for job creation and increased entrepreneurial activity in these sectors ,” highlights the foundation .
An opportunity waiting to be harnessed , the continent could benefit from green tech initiatives given the high levels of youth unemployment and their potential for innovation and entrepreneurship .
Dr Eunice Muthengi , Director of Programme and Strategic Research at the Mastercard Foundation , says : “ While climate change presents significant risks to Africa ’ s development agenda , the required green transition also presents a unique opportunity . This report highlights that greater policy dialogue to support Africa ’ s green tech industry can contribute toward improving young people ’ s access to jobs that are not only dignified and fulfilling , but that are also environmentally sustainable .”
In particular , information and communication technologies ( ICTs ), hold significant promise for developing climatesmart solutions for greener economies . The report was presented and discussed by a panel of experts , including Dr Fadekunayo Adeniyi from the African Development Bank , Mwayi Kampesi from Planet Green Africa , and Chiemela Anosike from Solaris GreenTech Hub on November 8 , 2023 .
176 December 2023