Unpacking the 2024 AKADEMIYA2063 annual trends & outlook report
Ousmane Badiane, Founder & Executive Chairperson of AKADEMIYA2063, joins CNBC Africa to discuss the 2024 Annual Trends and Outlook Report, highlighting key trends, challenges, and opportunities shaping the continent.
Fri, 04 Oct 2024 15:03:49 GMT
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- The need for reliable data infrastructure to inform policy decisions and drive climate finance in Africa.
- The correlation between financial flows and agro data availability, emphasizing the alignment of climate finance with adaptation needs.
- The role of the agriculture sector in both mitigation and adaptation efforts, highlighting the win-win scenario for Africa in addressing climate change.
Ousmane Badiane, Founder & Executive Chairperson of AKADEMIYA2063, recently sat down with CNBC Africa to delve into the key insights from the 2024 Annual Trends and Outlook Report. The report sheds light on the implications of a changing climate for the African agribusiness industry and ecosystem, emphasizing the need for sustainable practices and adaptation strategies. Badiane highlighted the significance of reliable data infrastructure in informing policy decisions and driving climate finance in the region. Additionally, the discussion touched on the correlation between financial flows and the availability of agro data, stressing the importance of aligning climate finance with Africa's adaptation needs. Badiane also addressed the misconception that mitigation is more economically viable than adaptation in the African context, emphasizing the crucial role of the agriculture sector in both mitigation and adaptation efforts. Furthermore, the report outlined strategies to develop the bio-economy in Africa by maximizing the use of biomass and environmental resources to create new value and employment opportunities. The bio-economy presents a unique opportunity for the continent to harness its natural resources efficiently while contributing to environmental conservation and economic growth.