While it is important to establish appropriate in-stitutional mechanisms and policy instruments at the national level, international coordination and cooperation are necessary to complement domestic efforts. This will help address the inter-national inequities observed between develop-ing and developed countries. These include trade opportunities and greenhouse gases accumulat-ed, which have put an additional development burden on developing countries in Africa. Interna-tional cooperation is essential in allowing African countries to invest in environmental sustainability while pursuing their development rights to grow in a rapid and sustainable manner. Investing in climate change entails promoting international cooperation and conserving the biodiversity and ecosystem, which have global benefits. It requires
coordinated and targeted financing efforts at the regional and international levels. In addition to the regional cooperation in Africa, South-South cooperation is key, as a framework for collabora-tion, to drive investment and trade flows into pro-poor greener goods and services.
Conclusion
The impetus for addressing development chal-lenges and for driving the structural transfor-mation of African economies is presenting new opportunities for Africa’s development. Inclusive green growth policies and approaches can con-tribute to achieving transformation towards a more diversified, value-added, sustainable and eq-uitable economic system. Inclusive green growth requires an optimal combination of measures to:
enable growth through increased productivity, value addition and competitiveness; generate social benefits with decent jobs, improved liveli-hoods and welfare; and enhance natural capital and environmental resilience. Enabling condi-tions need to be established at the sub-national, national, subregional, regional and global levels to maximize positive synergies that can exist be-tween environmental sustainability, human de-velopment, equity and economic growth.
While it is important to establish appropriate in-stitutional mechanisms and policy instruments at the national level, international coordination and cooperation must complement domestic efforts.
Additionally, international and intra-regional trade have the potential to spur inclusive green growth and drive the transition, if the adequate enabling environment is established for African countries to benefit equitably from global and regional trade.
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