“𝐇𝐚𝐫𝐦𝐨𝐧𝐢𝐳𝐞𝐝 𝐚𝐭 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐬𝐜𝐚𝐥𝐞, 𝐬𝐨𝐯𝐞𝐫𝐞𝐢𝐠𝐧 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬 𝐜𝐚𝐧 𝐛𝐞𝐜𝐨𝐦𝐞 𝐚 𝐤𝐞𝐲 𝐥𝐢𝐧𝐤 𝐢𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐀𝐟𝐫𝐢𝐜𝐚’𝐬 𝐞𝐜𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧.” – H.E. Ismaïl Omar Guelleh, President of Djibouti, at the Africa Climate Summit 2.
Financial Afrik Article
The President underlined a simple truth: Africa contributes little to global emissions but faces the harshest impacts of climate change. The response must be 𝐬𝐨𝐯𝐞𝐫𝐞𝐢𝐠𝐧 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬, collected under the polluter-pays principle and reinvested into 𝐚𝐝𝐚𝐩𝐭𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐟𝐨𝐫 𝐯𝐮𝐥𝐧𝐞𝐫𝐚𝐛𝐥𝐞 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐀𝐟𝐫𝐢𝐜𝐚.
Djibouti has already launched its Sovereign Carbon Agency, which channels these revenues into concrete adaptation efforts. But as President Guelleh stressed, 𝐭𝐡𝐞 𝐫𝐞𝐚𝐥 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐥𝐢𝐞𝐬 𝐢𝐧 𝐡𝐚𝐫𝐦𝐨𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐥𝐞𝐯𝐞𝐥. Fragmented initiatives dilute value and credibility, while a harmonized system replicated by different countries can:
👉Transform contributions into concrete adaptation projects for vulnerable communities,
👉Strengthen Africa’s credibility and negotiating power in global climate governance,
👉Reinforces a sustainable financing mechanism to support resilience.
This point matters because, as the President warned, goodwill alone will not protect Africa from climate shocks. What counts is a 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞, one that Africa builds and owns.
At Africa Sovereign Carbon Registry Foundation, our mandate is clear: to provide a unified, transparent, and internationally recognized framework for sovereign carbon contributions, to ensure that revenues directly support the most affected communities, and to safeguard African sovereignty while reinforcing the continent’s climate credibility.
A harmonized sovereign carbon initiative is more than finance, it is a 𝐭𝐨𝐨𝐥 𝐨𝐟 𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐯𝐞 𝐩𝐨𝐰𝐞𝐫 and a 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐣𝐮𝐬𝐭𝐢𝐜𝐞.
The Africa Climate Summit 2 continues this week.
Stay tuned as we share more insights and outcomes shaping Africa’s pathway to a climate-resilient future.
