SAIIAS View on COP28: African Priorities

The document details Africa's objectives for COP28, emphasizing the need for systemic reform of the global financial architecture to close the adaptation financing gap and operationalize the Loss and Damage Fund. It advocates for a just energy transition that supports Africa's move up the green technology value chain, particularly regarding critical minerals, and calls for the inclusion of community-based organizations and youth in climate decision-making.

• Africa seeks a balance in global climate negotiations between mitigation efforts and commitments to adaptation and loss and damage, arguing that the region requires significant international support due to its high vulnerability and low contribution to global carbon emissions.
• African leaders are pushing for a systemic reform of the global financial system to address the substantial financing gap for adaptation. Proposed measures include reforming the IMF's Special Drawing Rights (SDRs) quota system, re-channelling SDRs through the African Development Bank, and reforming Multilateral Development Banks to alleviate debt crises.
• Regarding the Loss and Damage Fund, developing countries accepted the World Bank as the host to avoid deadlock at COP28, though concerns persist because developed nations have not yet made firm financial commitments.
• Africa's strategy for a just energy transition includes scaling renewable energy deployment and increasing investment in mineral stewardship to move up the green technology value chain, specifically through domestic processing of critical minerals.

APA

South African Institute of International Affairs (2023). SAIIAS View on COP28: African Priorities. https://saiia.org.za/research/saiias-view-on-cop28-african-priorities/

Chicago

South African Institute of International Affairs. SAIIAS View on COP28: African Priorities. 2023. https://saiia.org.za/research/saiias-view-on-cop28-african-priorities/.

Wikipedia

{{cite report |author=South African Institute of International Affairs |title=SAIIAS View on COP28: African Priorities |date=29 November 2023 |url=https://saiia.org.za/research/saiias-view-on-cop28-african-priorities/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{southafricaninstituteofinternationalaffairs2023saiias, author = {{South African Institute of International Affairs}}, title = {{SAIIAS View on COP28: African Priorities}}, institution = {South African Institute of International Affairs}, year = {2023}, month = nov, url = {https://saiia.org.za/research/saiias-view-on-cop28-african-priorities/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }