Thursday, 25 September 2008

Africa Carbon Forum

The potential for renewable energy development in Africa is experiencing an increase in attention lately as investors and world leaders seek a new clean energy frontier.

The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often unreliable.

Meeting at the Africa Carbon Forum in Senegal's capital Dakar 3 - 5 September, United Nations officials, World Bank specialists, and business leaders exchanged strategies for "Clean Development Mechanism" (CDM) projects on the continent - greenhouse gas-reducing initiatives that industrialized countries can support as a way to compensate for their excess emissions. A theme throughout the meetings was the possibility of future CDM projects under a successor agreement to the Kyoto Protocol, especially if the United States joins the market. 

WorldWatchInstitute 12/09 African Renewable Energy Gains Attention