Africa-Press – Ethiopia. The private sector should play a positive role in the efforts of mitigating climate change impacts while participating in the Second Africa Climate Summit that will be held in Addis Ababa early next month, Planning and Development State Minister Seyoum Mekonnen said.
According to him, one of the issues on the agenda of the summit focuses on the roles and engagement of private sectors in mitigating impacts of climate change.
The state minister stressed that the private sector, including financial institutions, is a major actor in accelerating global climate solutions.
And it is impossible to achieve climate resilient economy without the involvement of the private sector, he noted, adding that it is also a victim of climate change impacts.
Seyoum therefore urged the private sector to actively participate in the summit by generating ideas, showcasing their climate adaptive solutions, and financially.
Speaking at the half day-panel discussion today, he briefed representatives of the private sector and financial institutions on how they can participate in the summit Ethiopia will be hosting in partnership with the African Union.
The state minister emphasized the concrete steps Ethiopia has been taking to combat climate change, adding that the country will present its best practices and the measures it has taken to combat climate change impacts.
Seyoum described the summit as a major gathering where decisions will be made to prevent and cope with climate change, which is a challenge for humanity.
Moreover, the summit will be a place where many solutions will be proposed to mitigate the impact of climate change and where continental capacities will be created to address climate change.
The Second Africa Climate Summit under the theme, “Accelerating Global Climate Solutions: Financing for Africa’s resilient and Green Development,” is expected to be a platform for Africans to not only make their voices heard but also to show the world that they are at the forefront of climate change solutions.
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