Former US vice president Al Gore is in Accra for the first time to lead the 54th Climate Reality Leadership Training. The session is one of the largest gatherings of scientists, experts and youth across the African continent providing overview of the latest climate science, existing policies, solutions and opportunities for advocates to make a difference.
Al Gore has acknowledged
developing countries have done the least to cause the global crisis, but are
often hit the hardest by the impacts of the climate crisis, partly because they
have less resources to be resilient and to defend the infrastructure and the
people who are affected.
He believes “we need to reform
the global system for the allocation of capital so that resources are more
easily available in developing countries to participate in this sustainability
revolution that's based on solar energy and wind energy, electric vehicles,
batteries, regenerative agriculture and other solutions”.
Ahead of COP28 climate talks in Dubai, Al Gore is concerned that
the worldwide effort to achieve net-zero emissions is being driven by the
fossil fuel industry, neglecting vital and essential advancements in achieving
key targets.
A critical subject at the global climate talks is the call for
developing economies, like Ghana, to decarbonize.
Ghana has for the past decade regarded its crude oil production
as a vital resource for national development and funding source for the
country’s net-zero ambitions.
With huge oil reserves remaining untapped, Ghana’s Energy
Minister has stated that the country faces a real risk of stranded
multi-billion oil and gas assets due to reduced funding for fossil-related
projects, as the world transitions to cleaner sources of energy.
At a media roundtable, Kofi Adu
Domfeh posed two critical questions to Al Gore.
Question:
Do you think Ghana is in a position to lead the fossil fuel decolonization?
Answer: Yes, I do think that Ghana could
lead fossil fuel decolonization. The way Ghana led decolonization of
governments on the continent of Africa, the very first country to gain
independence. I use that in an effort to inspire a change, but it's also an
accurate history of what the people of Ghana have done in the past.
So we are seeing what some
economists have called a resource curse, with over-dependence on one resource,
fossil fuels, oil and gas, and even coal. And as someone said in one of the
panels today, 86% of the foreign exchange is coming from fossil fuels, but only
0.6% of the income paid out to people who have jobs is coming from fossil
fuels. So that means that the money from fossil fuels is going much more to the
wealthy elites. And that is what happened during the period of colonization
many decades ago.
So economic independence from
fossil fuel colonization can be achieved with the elimination of subsidies for
fossil fuels and the redirection of public funding to help subsidize the
renewable sources of energy, which are cheaper, cleaner, provide more jobs. So,
I do think that Ghana could lead this needed change on the continent of Africa.
Question:
Going to COP28, do you see the advanced economies getting committed to
developing economies like Ghana in terms of delivering on the climate finance
promises that we've been expecting for all this long period of time?
Answer: I think there is likely to be a
commitment for more money from the private sector to developed countries to
developing countries. I think that the amount that is committed unfortunately
may not reach the levels that leaders in developing countries would like to
see. And it's never easy to describe political realities.
But I think my religious faith
teaches me that it is just and fair and right for the wealthy countries to give
more money to the poor countries. But the previous lifetime I lived in politics
years ago taught me that persuading the voters to give their money to other
countries is often difficult. It shouldn't be that way, but it is.
So yes, I think there will be an
additional commitment of funding. But the total amount will lead many leaders
in developing countries probably to say that's not enough. The real source of
money that is needed is going to come from the private sector. And in order to
unlock those flows from the private sector, there need to be policy reforms
like the elimination of subsidies for fossil fuels and reforms at the
international level such as changes at the World Bank and multilateral
development banks to make it possible for countries like Ghana to gain access
to the private investment capital.
Earlier, the question of Ghana’s role in fossil fuel
decolonization was posed to Mohamed Adow, Founder and Director of Power Shift
Africa.
He maintains Africa does not need the dirty energy of the past,
but needs forward looking leadership that can take advantage of the clean
energy of the present and future.
“How can you help decolonize
Africa so that we can decarbonize and help put this continent on a sustainable
path? Our opportunity is here today so that the continent of Africa can make
the most out of the 21st century energy solutions. There is no future in
charging in the footsteps of the polluter. There is opportunity in leapfrogging
and leading the world in a new direction,” said Mohamed.
At COP28, there will be demands
on global leaders to phase out fossil fuel emissions and stop funding fossil
fuel projects; increase funding for climate solutions in countries that need it
most; and reform future COP processes so fossil fuel interest cannot block
progress.
