Stakeholders at Green Growth Africa have highlighted the transformative potential of a multi-billion-dollar climate and sustainable economy initiative, coupled with a pledge of over $100 billion to Africa.

These measures are seen as crucial to catalyzing the green economy, equipping young Africans with essential skills, and combatting rising poverty and unemployment.In the lead-up to International Youth Day, Green Growth Africa emphasized the unacceptable levels of youth unemployment in Africa.

More than 60% of the continent population under age 25

With more than 60 percent of the continent’s population under the age of 25, and an anticipated increase in the global youth population by 2030, the group stressed the urgency of empowering African youth.

Executive Director of Green Growth Africa, Dr. Adedoyin Adeleke, highlighted the profound impacts of climate change on the continent’s economy, environment, and youth.

He emphasized that Africa’s response to climate challenges should also address pressing socio-economic needs.

Adeleke urged the development of innovative climate solutions that enhance Africa’s resilience to climate-related disasters while capitalizing on the economic opportunities of the global green transition.

With a transition to a net-zero economy estimated at $10.3 trillion, Adeleke emphasized the potential for economic growth through electric vehicles, renewable energy, clean energy technology, green finance, and supply chain development.

A key focus of the initiative is to equip African youth with “Green Skills” to drive the continent’s sustainable development.

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Adeleke emphasized the need to establish homegrown industries, tapping into Africa’s rich mineral reserves to produce batteries for electric vehicles and other green technologies.

Calling on developed nations to fulfill their financial pledges for climate action, Adeleke highlighted the critical role of collaboration between public and private sectors, international organizations, and financial institutions.

He stressed the importance of mobilizing funds for multidimensional and multi-sectoral strategic interventions to foster green growth.

Adeleke underlined that Africa’s response to climate change presents not only challenges but also multifaceted opportunities.

By harnessing the energy, resilience, and creativity of African youth through green skills and action competencies, the continent can lead in climate action while simultaneously advancing social and economic development.