cross-posted from: https://lemmygrad.ml/post/1678701

• 4 : The 6th Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC) [states] that the world is not on track to keeping within the 1.5°C limit agreed upon in Paris and that global emissions must be cut by 45% in this decade
• 8 : Africa is not historically responsible for global warming, but bears the brunt of its effect
• 11 : Only seven years remain to achieve the Sustainable Development Goals of the 2030 Agenda, and (…) 600 million people in Africa still lack access to electricity while 970 million lack access to clean cooking;
• 12 : [Africa] is home to the world’s youngest and fastest-growing workforce, coupled with massive untapped renewable energy potential(, see §16), abundant natural assets, and entrepreneurial spirit, our continent has the fundamentals to pioneer a climate-positive pathway as a thriving, cost-competitive industrial hub with the capacity to support other regions in achieving their net zero ambitions.
• 17 : We call upon the global community to (…) honor the commitment to provide $100 billion in annual climate finance, as promised 14 years ago at the Copenhagen conference, (…)

• 39.I : [We call for ]Multilateral Development Banks capitalization and deployment reform, (…).

39.IV.1-i) New debt relief interventions and instruments to pre-empt debt default – with the ability to a) extend sovereign debt tenor, and b) include a 10-year grace period.
39.IV.1.iii) Decisive action on the Promotion of inclusive and effective international tax cooperation at the United Nations (Resolution A/C.2/77/L.11/REV.1)–to reduce Africa’s loss of $ 27 billion annual corporate tax revenue through profit shifting, by at least 50% by 2030 and 75% by 2050.
39.IV.2.i) Increasing Africa’s renewable generation capacity from 56 GW in 2022 to at least 300 GW by 2030, both to address energy poverty and to bolster the global supply of cost-effective clean energy for industry;
39.IV.2.ii) Shifting the energy-intensive (…) processing of Africa’s raw material exports [back ]to the continent, [which would ]also serves as an anchor demand for our renewable energy and a means of rapidly reducing global emissions;
39.IV.2.iii) Access to, and transfer of, environmentally sound technologies
39.IV.2.iv) Designing global and regional trade mechanisms in a manner that enables products from Africa to compete on fair and equitable terms;
39.IV.3) Trade-related environmental tariffs and non-tariff barriers must be subject to multilateral discussions and agreements and not be unilateral, arbitrary or discriminatory

We, therefore;

1 : Call upon world leaders to appreciate that decarbonizing the global economy is also an opportunity to contribute to equality and shared prosperity;
3 : Call acceleration of the ongoing initiatives to reform the multilateral financial system and global financial architecture including the Bridgetown Initiative, the Accra-Marrakech Agenda, the UN Secretary General’s SDG Stimulate Proposal, and the Paris Summit for a New Global Financing Pact;
4 : Urge the efforts to refine the G20 Common Framework for Debt Treatments
6 : We note that multilateral finance reform is necessary but not sufficient to provide the scale of climate financing the world needs
7 : We urge world leaders to rally behind the proposal for a [global] carbon taxation regime including a carbon tax on fossil fuel trade, maritime transport, a biennial, and aviation, that may also be augmented by a global financial transaction tax (FTT)) to provide dedicated affordable and accessible finance for climate-positive investments
8 : Propose to establish a new financing architecture that is responsive to Africa’s needs including debt restructuring and relief, including the development of a new Global Climate Finance Charter through UNGA and COP processes by 2025;

Also, here’s an extract i found from the Associated Press :