Across the two weeks, non-State actors offered a wide range of actions, announcements, and events across thematic areas. This included the launch of the African Cities Water Adaptation Fund, an African-led insurance commitment to provide cover for up to USD 14 billion in climate losses, and the Sharm-El-Sheik Adaptation Agenda in partnership with the COP27 Presidency.
The solutions are available. They just need to be implementedThree months have passed since we met for Stockholm+50 for important discussions on the Race to Zero through green energy, transport, food and land and maximized impact through digitalization. Here's what is required to scale the next generation of value chains and speed up the Race to Zero.
Three leadership dialogues, hundreds of side events – including several youth-led sessions – and webinars, as well as series of regional multi-stakeholder consultations in the run-up to the meeting enabled thousands of people around the world to engage in Stockholm+50 discussions and put forward their views.
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In May 2021, the United Nations General Assembly adopted a resolution to bring the global environmental community together in Stockholm, Sweden for a major international environmental meeting on June 2 and 3 2022, the week of World Environment Day.
“Stockholm+50: a healthy planet for the prosperity of all – our responsibility, our opportunity” (Stockholm+50) took place five decades after the 1972 United Nations Conference on the Human Environment. The event provided leaders with an opportunity to draw on 50 years of multilateral environmental action to achieve the bold and urgent action needed to secure a better future on a healthy planet.
By recognizing the importance of multilateralism in tackling the Earth’s triple planetary crisis – climate, nature, and pollution – the event sought to act as a springboard accelerate the implementation of the UN Decade of Action to deliver the Sustainable Development Goals, including the 2030 Agenda, Paris Agreement on climate change, the post-2020 global Biodiversity Framework, and encourage the adoption of green post-COVID-19 recovery plans.
The meeting also reinforced the messages and the outcomes of the event to commemorate UNEP’s 50th anniversary (UNEP@50), which took place in March 2022, in Nairobi. Stockholm+50 was convened by the United Nations and hosted by the Government of Sweden with support from the Government of Kenya.
Africa Carbon Markets Initiative launched to dramatically expand Africa’s participation in voluntary carbon market
The new Africa Carbon Markets Initiative (ACMI), which was inaugurated today at CO27, aims to support the growth of carbon credit production and create jobs in Africa.
Africa can lead the world in limiting emissions, drive climate restoration and orient Africa towards its strengths which translate into major new segments of economic opportunity, writes Jack Kimani, Founding CEO of the Climate Action Platform for Africa (CAP-A).