A faster pace of economic transformation will provide Africa with potential to make progress on three closely linked objectives: achieving robust long-term growth; promoting rapid poverty reduction and social inclusion; and acting to reduce climate risk.
“Africa stands at the threshold of a tremendous opportunity: its economies are seeking to shift to higher-productivity sectors which can boost prosperity and drive developmental goals. At the same time, the right kind of economic transformation can also ensure that Africa’s growth is sustainable and resilient in the face of the increasing impacts of climate change.”
-Ngozi Okonjo-Iweala and Carlos Lopes, Foreword, Africa’s New Climate Economy: Economic Transformation and Social and Environmental Change
For the full report, click here. For the executive summary, click here.