Let Africa Into the Carbon Market
The G8 summit earlier this year focused on Africa and climate change because the two issues are linked: Africa is particularly vulnerable to the effects of climate change and therefore must be supported to adapt to it.
Adaptation to climate change is critical worldwide, but nowhere as much as in Africa, where exposure to natural disasters is higher than in most other regions. Aside from adaptation, Africa can also play a role in mitigating climate change through more sustainable forest and land management. Rural populations from Africa have the capacity to compete and export greenhouse-gas emission-reduction credits generated by forestry and agriculture activities that improve their livelihoods, ameliorate local environmental problems, and increase communities’ ability to cope with climate change.
However, in order to fulfill that promise, the industrialized world must give Africa a chance through the emerging international carbon market. The best approach would be for Europe, Japan, and Canada to buy certificates of biological carbon sequestration from Africa as part of their efforts to meet their obligations under the Kyoto Protocol.