African Perspectives of a Just Transition to low-carbon Economies: Technical Report

Abstract

The global transition towards emission reductions consistent with 1.5oC pathways imply a certain quantum and rate of decarbonization. The implications of the transition for African economies which are poorly diversified, and dependent on a few primary sectors and resources is not well understood. With the implications not well understood - from domestic effort and those of others - the risk of further under-development setbacks for African countries from indebtedness, trade conditions, cost of capital, amongst others may lead to an unjust transition. Furthermore, there is no shared African framework/perspective of what a Just Transition means, including quantifying potential impacts/opportunities for development. This work would therefore be important in informing African countries in their transition engagements. The report presents ideas, perspectives, and evidence of what a Just Transition to low-carbon economies means for Africa. Parameters of the energy transition that are fair and equitable for Africa are identified. The report further broadens the knowledge base on the implications of the transition focusing on: understanding and quantifying the development needs of the continent, and what the transition to low carbon economies mean for Africa; economic implications of the transition with regards to fossil fuel exploitation and trade in primary agricultural products for export; implications of the proposed transition, and to seek opportunities for equitable pathways for Africa towards net-zero emissions; jobs implications of energy transition in study countries to; indicate the potential economic impact for different scenarios that could be considered in Africa; maximizing opportunities for equitable transition finance and trade to support economic development.