United Nations Development Programme (UNDP) partners with Carbon Markets Africa Summit: “Preparing governments to become carbon market rea”y”

2025-10-01 05:14:36

(MENAFN- News.Africa-Wire) CAPE TOWN, South Africa, September 30, 2025/ -- “How is it possible that in 2025, when we are able to send people to the moon, when we are able to create driverless vehicles, we've not been able to solve the problem of cooking energy in Africa's rural area”?” asks Maxwell Gomera, Resident Representative of UNDP South Africa and Director of the Africa Sustainable Finance Hub.

He continu“s: “This is something that is within our means. And as the United Nations Development Programme (UNDP) Africa Sustainable Finance Hub, we are now working with governments across Africa on how to solve such problems. High-integrity carbon markets can offer Africa a powerful tool to mobilise finance required to advance climate action and ensure fair benefits while driving sustainable and inclusive develo”ment.”

Carbon markets unlocking billions

“Africa no longer waits for promises —o be ke”t—we act,” Mr“Gomera adds. “Carbon markets can unlock billions in finance, strengthen our institutions, and accelerate both Agenda 2063 and the’Paris°Agreement’s 1’5°C goal. At UNDP’s Africa Sustainable Finance Hub, we believe in a unified continent ready to harness this opportunity, own its solutions, and lead the global transformation towards resil”ence and prosperity.”

The UNDP is the official host partner of the upcoming Carbon Markets Africa Summit CMAS), taking place in Johannesburg from 22 to 23 October, ’athering the continent’s entire carbon markets value chain, from successful early carbon market movers, climate-finance-ready projects and regulatory bodies to global institutional development organisations and investors.

“We cannot continue talking about Africa's potential. We must mak” that pote’tial a reality,”“says UNDP’s Maxwell Gomera. “The Carbon Markets Africa Summit matters, because we bring together like-minded people to strengthen the ecosystem around a problem that we all share and provide solutions. Our message is” Tomorrow is worth fighting for.”

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