The alliance is of the opinion that the Nairobi Declaration, dubbed Declaration Call to Action, does not address a just transition to low-carbon economies.
“We equally reiterate our unequivocal support for reforming the global financial architecture to address African countries’ challenges, especially climate finance,” said Anne Samante, member of the non-state actors committee.
” Particularly, we welcome proposals for debt relief, concessional finance, and innovative financial mechanisms, and endorse the Bridgetown Process, which aims to align finance with sustainable development goals and human rights,” she added.
They have called for more investments in public finance for green economic development in wind, solar, and geothermal that they say will spur an economic turnaround amongst African states.
“There are issues that we strongly object to. Issues of finance are very important. We want to see more robust engagement. We want to see more action,” said PACJA chairperson Mithika Mwende, adding that Africa needs a grant based funding mechanism in the fight against climate change.
They are subsequently championing energy systems that promote global economies that are more regenerative as opposed to the current status quo.
However, they welcomed the declaration pushing for the abolition of all fossil fuel subsidies and operationalizing the Loss and Damage Facility, an agreement reached at COP27.
Their statement comes against the backdrop of calls by speakers at the inaugural African Climate Summit for more funds to combat climate change, with President William Ruto at the forefront of the calls.
UN Secretary General Antonio Gutteres had, in the event, promised an additional $20 billion for Africa to mitigate climate change.
This is in addition to the $100 million annually.
