Christian Wessels: Sierra Leone Telegraph: 25 November 2019:
Limiting global warming to below two degrees will be the focus of the World Climate Conference to be held in Madrid from 2nd to 13th December 2019. A possible solution to be discussed in Madrid is the global establishment of trade in pollution rights.
In principle, emissions trading is a sensible way of reducing CO2 emissions at the global level. In practice, however, this principle repeatedly encounters problems such as the temporarily low prices of certificates, which are not always sufficient to trigger necessary climate-friendly investments on the part of the polluters.
Africa faces a twofold problem. First, there is no nationwide energy supply network into which producers could feed. Secondly, electricity is instead generated centrally by diesel generators. This practice is not only economically irrational, it is also extremely ecologically questionable. And this problem is hardly touched by any kind of emissions trading.
In addition, about 40 percent of Africa’s population lack access to electricity – and therefore also lack adequate access to education, health care and sufficient participation in social, cultural and economic life.
This illustrates the extraordinary dimension of the African energy question, because Africa is about much more than “just” limiting global warming.
The African energy question cannot be solved by improving emissions trading alone. Due to the large differences in development, Africa needs decentralised solutions tailored specifically to the continent.
At the same time, modern solar technology, for example, represents an opportunity for Africa to develop economically independently.
Refugees who have been pouring into Europe across the Mediterranean Sea for years are not only war and crisis refugees; they are also refugees from educational deficits, poor opportunities and, ultimately, climate.
The intelligent use of solar energy, an unlimited resource in Africa, is a key technology in Africa that will provide the basis for further investment in industry, health and education. Further development of this technology requires binding financial commitments from investors in the private sector, NGOs and European governments.
Creating awareness for this issue within the financial sector, which also represents an opportunity – considering the global low-interest rate policies, should also be addressed in Madrid – and in subsequent climate summits.
About the author
Christian Wessels is founder and Managing Director of the solar energy solution provider Daystar Power in Lagos (Nigeria); Founding Director of the European Business Organisation (EBO) in Nigeria and Young Global Leader (YGL) of the World Economic Forum
He has lived and worked in Nigeria for over 10 years. He is the founder and managing director of Daystar Power, a company that supplies environmentally friendly solar power systems to properties throughout West Africa from Nigeria.
His time in Africa began as a director for Barclays Africa, where he worked in numerous African countries. He is a consultant to Bain & Company and supports Bain’s growth in sub-Saharan Africa, where he was previously a partner.
In 2012, Christian Wessels was appointed Young Global Leader (YGL) of the World Economic Forum. He is a member of the Young President Organization and founding director of the European Business Organisation (EBO) in Nigeria, which represents the interests of European companies in Nigeria.
Here we go again – another highly paid mouth piece for the Biggest polluters in the world – American,European,and Middle Eastern companies.(lol) There’s nothing sincere,and authentic about this article,at all. Absolutely nothing! Not once did the writer,who is being used a Magic Eraser,for wiping,and deleting out truth, by the hands of Special Interests Energy institutions,and groups,specifically mention names like Exxon Mobil,Saudi Aramco, Chevron US,Gazprom Russia,BP UK,Iranian Oil,Shell Netherlands, and Coal India, the guiltiest,unremorseful contributors to air,water,light,and soil pollution in our world today. Money hungry BIG polluters,they all are!(lol)
And who doesn’t know,that their reckless,irresponsible,greedy attitudes are the principal reasons,for the catastrophic evidences of global climate change,adversely affecting our world today? Disgraceful,and pathethic men,they are indeed!True. Africa’s contribution to the devastating levels of climate change prevalent in our world today is almost insignificant, and quite minimal.
Again,I total agree that Africa shouldn’t be left out of the climate change debate,but my advice to the Super Power nations is for them to first,and foremost, sincerely,acknowledge,and accept the fact that their deplorable,self-centered, materialistic appetites, and attitudes are the most significant,worrying,immense contributors,to the frightening atmospheric imbalances,and rapid destruction of the environment,and climates around the world.Genlemen,Deny it if you want,but it’s true!…Rising Sun Will Rise Again.