Evaluating Africa's HFE Green Economy readiness to and from Rio+20 Prof Godwell Nhamo (PhD) Exxaro Chair on Business & CC, ICC – Unisa, RSA Presentation prepared for the CCESD Experts Meeting, March 2013, Intercontinental Balaclava Resort, Mauritius. 1

5 Key policy pointers to take home 1.GE presents opportunities in low hanging fruit investments in renewable energy, energy efficiency, green agriculture, carbon markets, adaptation etc that leads to jobs opportunities and growth. 2.GE also presents risks including: regulatory, reputational, physical and financial, e.g., issues like aid for carbon, FDI for carbon, trade for carbon, carbon border adjustment taxes etc 3.Higher education is key in developing skills, R&D, innovation and informing policy, especially on GE readiness in Africa. 4.At the centre of GE are issues pertaining to climate change: mitigation, adaptation, technology, finance, awareness and capacity. 5.GE is not necessarily new, but was triggered by global financial crisis. 2

Rio+20 RE-CAP: The Future We Want The Rio+20 outcomes document entitled The Future We Want presents six key thematic areas namely: –Our common vision; –Renewing political commitment; –Green economy in the context of sustainable development and poverty eradication; – Institutional framework for sustainable development; –Framework for action and follow-up; and –Means of implementation. 3

Conceptualising the Green economy Source: Nhamo 2013 Adaptive & Mitigation Technologies, Finance, Capacity & Policy Climate Change Green (Global) Economy SD, WSSD, MDGs, DESD, Rio+20, SD+ etc 4

R&D, Finance, Technology, awareness raising, etc CC Adaptation and/vs Mitigation... and then, what must be our key focus as HFE? – to balance the pendulum

Green Economy: Still a contested terrain

ICC on GE: The 10 conditions... Source: Nhamo (2013) modified after ICC (2011) Awareness Education and Skills Employment Social Innovation Resource efficiency and decoupling Life cycle approach Environment Open and competitive markets Metrics, accounting and reporting Finance and investment Economic Integrated policy and decision making Governance and partnerships Mutually Reinforcing and Crosscutting

12 Pillars Towards GE readiness in HFE 1.High level Commitment 2.Identification of lead implementation agencies 3.Finance 4.High level key stakeholder engagement and buy ins 5.Green economy/growth policy audits 6.Legislation (policy, acts, procedures etc) development 8

12 Pillars Towards GE readiness in HFE... 7.Institutional set-up 8.Individual and Institutional Capacity 9.Knowledge management (including ICT readiness) 10.Research, development, technology, innovation and intellectual property rights 11.Programmes and projects formulation 12.Championing 9

Is African HFE GE ready? Answer: NOT YET 10 Rigid curriculum approval procedures Old professors, new and demanding challenges The reactive syndrome Are we still looking to the northern hemisphere

Thank you ! 11