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Paris Summit: Adriano Maleiane Defends that Mineral Resources Should Benefit Africa

Paris Summit: Adriano Maleiane Defends that Mineral Resources Should Benefit Africa

The Prime Minister, Adriano Maleiane, said this Thursday (22), that Africa has several and abundant energy resources such as coal, gas, geothermal, biomass, hydro, solar and wind power, advocating their appropriate use to accelerate industrialisation, for the benefit of communities.

Maleiane was speaking at a panel on the theme “Just Energy Future of Africa,” in the context of the Summit on the New Global Financial Compact, taking place since yesterday in Paris, the French capital. The Prime Minister is attending the event representing the President of the Republic, Filipe Nyusi.

Referring particularly to the case of Mozambique, the Prime Minister explained that the country is positioning itself to become a renewable energy centre that can contribute, in a relevant way, to the energy transition of Southern Africa and, in this way, promote green industrialisation in the production of low carbon emission products.

“To realise these ambitions, Mozambique has been putting climate issues at the centre of its governing agenda, which is embodied by the establishment of a Climate Finance Unit in the Ministry of Economy and Finance (MEF) to ensure the coordination of an integrated approach in the mobilisation of resources aimed at financing mitigation and adaptation to climate change,” said Adriano Maleiane, cited by the newspaper news.

The source added that natural gas and Liquefied Natural Gas (LNG) can play an important role in responding to the pressing needs of energy diversification and resilience, taking into account the current situation of unpredictability in the energy market.

He also stressed that the global financial architecture to support the global climate transition is in urgent need of increased resources and reform. “We call for accelerating the operationalisation of Article 6 of the Paris Agreement (which deals with instruments for the creation of a global carbon market) and establishing robust mechanisms to ensure the implementation of low-carbon projects, particularly in vulnerable and developing countries, so that they can effectively benefit from international carbon markets.”

Maleiane acknowledged the recent initiative by the International Monetary Fund (IMF) to establish a Resilience and Sustainability Fund that will provide long-term conceptual financing to support and make economies more resilient to climate change.

The Summit on the New Global Financial Compact was opened by French President Emmanuel Macron, who called for a new consensus and clear goals for a more resilient world.

“We are here to act. This summit belongs to everyone. We need to make a new consensus. We need to have clear goals. No country should have to choose between ending poverty and protecting the planet. Each country must choose its model calmly and this pact must be as respectful as possible to the sovereignty of states. We must invest more in climate and development”, said Macron.

For his part, the Secretary-General of the United Nations, António Guterres, also present at the event, warned of the need to save the planet and pay more attention to the most vulnerable countries.

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