Transitions and Resilience: Natural Resource Governance Trends in Africa

Image: Getty, Siegfried Modola
Image: Getty, Siegfried Modola

Africa needs ambitious and coordinated action to enhance resilience and position it to benefit from key technological, geopolitical and political economy transitions.

Summary:

• For much of history, human development and economic growth have been paired with a commensurate increase in resource use and the production of waste. A sustainable future requires that this relationship be ‘decoupled’.
• The energy transition will not be precipitated by the world’s running out of fossil fuels; instead, the transition point is a moving target shaped by policy, technology, market pressures and social dynamics. For this reason, trends in shareholder activism, divestment and increasing policy momentum towards carbon neutrality, as well as the integration of climate considerations in trade policy, industrial policy and development assistance, are important signals of broader systemic changes.
• The green transition requires a massive realignment of technological and productive capacity, which has clear implications for the distribution of power.
• Africa must leverage opportunities to address its pressing developmental priorities related to economic growth, jobs and skills development as an integrated part of addressing climate and environmental challenges.

1 Aug 2022
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Research by
Series
SAIIA Policy Insights No 134 July 2022
SAIIA Programme
Governance of Africa’s Resources
Tags
Green Economy, circular economy, fossil fuels
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