AGRA Board Chair, Desalegn speaks on Africa’s food security strategy

Over 23 Heads of State are currently gathered in Nairobi for the Africa Climate Summit, where the focus is on securing more funding for climate mitigation efforts. The continent of Africa is grappling with one of the most severe climate crises amidst global economic slowdown. CNBC Africa's Aby Agina caught up with Hailemariam Desalegn, the Board Chairman of AGRA, on the sidelines of the summit to discuss the challenges and opportunities presented by climate change. Desalegn emphasized the importance of understanding the threats posed by climate change and highlighted the need for a collaborative effort to address these challenges effectively. He stressed the urgency of the situation, comparing it to being chased by an avalanche and underscoring the necessity of swift and decisive action. Desalegn also emphasized the need for a shift from business as usual towards implementing nature-based solutions, transforming the food system, and prioritizing energy transition. The conversation at the summit also touched upon the importance of Africa speaking with one voice at international forums like COP28 to address climate issues effectively. However, a significant concern raised was the lack of fulfillment of climate finance commitments by wealthy nations, which has exacerbated the debt crisis in Africa. Desalegn called for increased understanding from the global north on the need for investment in Africa and stressed the importance of actual action in addition to political commitments. He also emphasized the importance of addressing the finance aspect of climate solutions, highlighting the need for the global financial architecture to recognize Africa's potential and reduce perceived risks. Desalegn's message to African leaders and the international community is clear - urgent action is required to mitigate the impacts of climate change and safeguard the future of the planet.