The High-Level EU-Africa Green Investment Forum will be a “turning point” and an ideal opportunity to make the relationship between the two continents an “effective partnership”, according to the Portuguese Secretary of State for Foreign Affairs and Cooperation.
Francisco André pointed out that the goal of the Portuguese Presidency of the Council of the EU — organising the Friday event in association with the European Investment Bank — is to turn the “green agenda into a structuring pillar for relations” between the two continents.
For an effective green transition, the Secretary of State argued, “we must make our business models more sustainable and bear in mind that profits, job creation and wealth generation must be sustainable, respecting the planet's natural resources”.
In the midst of this COVID-19 pandemic, Francisco André believes that there is an opportunity to “rebuild” economies “more sustainably” and this is why the EU-Africa Forum is in a position to create the conditions for putting the consensus on the need to deal with climate change into practice: “Africa is one of the continents that contributes least to global warming and has very low CO2 emissions, but it is also one of the most affected by the consequences of this global warming. The four most affected countries in the world are in Africa: Mozambique, Malawi, Ghana and Madagascar.” He concluded that there is therefore an urgent need to “design consequential public policies” that will promote the green transition “and that are attractive for the private sector”.