The need to sustainably harness Africa’s vast reserves of natural capital will be among the top issues discussed by environment ministers and officials from more than 40 African countries

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This will be at a major conference on the environment this week being held in Egypt.

Sustainable use of Africa’s natural capital could result in savings of up to $103 billion every year and drive economic growth to help Africa achieve the goals of the 2030 Agenda for Sustainable Development and the continent’s Agenda 2063.

Africa holds 30 per cent of the world’s mineral reserves, roughly 65 per cent of its arable land and 10 per cent of its freshwater resources. Its fisheries are estimated to be worth $24 billion and the continent boasts the second largest tropical forest in the world.

The sixth special session of the African Ministerial Conference on the Environment (AMCEN) will take place in Cairo from 16-19 April under the theme: "Agenda 2030 and Paris Agreement: From policy to implementation in Africa".

Dr Khaled Fahmy, Minister of Environment of Egypt and President of AMCEN, said: “To meet the Sustainable Development Goals it is crucial that Africa confronts some of the biggest problems facing the continent, be it climate change or disease, poverty or the degradation of our ecosystems. It is of paramount importance that this session addresses the way forward for swift implementation of the African Renewable Energy Initiative as well as the African Adaptation Initiative.

He added, “The outcome of this important conference will be communicated at the upcoming United Nations Environment Assembly, where our work here at AMCEN will feed into global efforts to find solutions to some of the most critical issues of our time.”

At AMCEN, ministers and government representatives are also expected to come up with ways for Africa to engage in the United Nations Environment Assembly (UNEA), which will be held in Nairobi next month.

United Nations Environment Programme (UNEP) Deputy Executive Director Ibrahim Thiaw said: “The AMCEN meeting comes at a critical point in time for the environment. With the adoption of the Paris Agreement and the Sustainable Development Goals, the world has agreed upon a roadmap that charts a better future for humanity and the ecosystems that sustain it. At UNEA-2, the world will set the stage for the implementation of these goals and drive the world towards a better, more sustainable future.

According to conservative estimates, the continent loses as much as $195 billion every year from resource plunder, illegal logging, illegal trade in wildlife, unregulated fishing, illegal mining practices, high food imports and degraded ecosystems.

At AMCEN, high level officials will discuss ways to reverse these losses and redirect the revenue into African economies to drive the continent’s transformation, alleviating poverty, reducing hunger, providing access to clean energy and improving education and health.

African ministers are also expected to agree on the key steps needed to speed up the region’s efforts to combat climate change, following the landmark Paris Agreement adopted by 195 countries in December.

The agreement, which will be signed by over 130 countries next week, aims to keep the global temperature rise this century to well below 2°C and to drive efforts to limit the temperature rise even further – to 1.5°C degrees above pre-industrial levels.

In particular, the ministers will focus on the Africa Adaptation Initiative, which provides means for African countries to build resilience to the impacts of climate change, and the Africa Renewable Energy Initiative, which seeks to foster renewable energy capacity on the continent by 2020.

In addition, ministers will look at how Africa can benefit from the finance, adaptation, and loss and damage provisions agreed upon in Paris.

The meeting is also expected to produce strategies for tackling key issues facing the continent, such as the illegal trade in wildlife. It is estimated that the loss of elephants – a key tourist attraction – costs Africa up to $1.9 billion annually.

Representatives of the New Partnership for Africa's Development (NEPAD), sub-regional economic communities, the African Development Bank, civil society organizations, United Nations agencies as well as other bilateral and multilateral partners will also participate in this special session.