Citation
Barchiche, D., Medinilla, A., Kilelu, C., Treyer, S., Okereke, C. (2024). Leveraging Green Industrialisation for a Just Transition: Africa-Europe Cooperation. ETTG Policy Brief 3/2024.
Key Messages
This policy brief highlights five crucial aspects of Africa-Europe cooperation for green industrialization:
- Bridging Priorities for a Just Green Transition: The Brief emphasizes the need to align Africa’s focus on inclusive economic transformation through green industrialization with Europe’s pursuit of strategic autonomy in green energy and critical raw materials.
- Addressing Climate (In)justice: It underscores the importance of tackling disparities in financial access, technological advances, climate impact, and value chain power between the two continents.
- Moving Beyond Extractive Relationships: The authors advocate for transforming Africa-Europe relations from extractive models to genuine equal partnerships, crucial for mutual prosperity and strategic interests.
- Building Shared Technology and Innovation Ecosystems: The brief calls for significant investment in technology and innovation, with a focus on local research capacities and context-specific solutions in Africa.
- Innovative Financing for Sustainable Industrialization: It proposes new financial instruments and collaborative investment strategies to support green industrialization in Africa, emphasizing fair distribution of benefits and risks.
