Giving Compass' Take:

• Africa Climate Week held at the United Nations Office at Nairobi in April focused on the need for cooperation between countries and sectors to create a lasting impact on climate. 

• How can philanthropy support these cooperative efforts? How can other groups of nations similarly work together for climate advancement? 

• Read about profitable climate solutions

Cooperation between countries and the private sector will be key to the successful implementation of the Paris Agreement on climate change in African nations, panelists at Africa Climate Week held at the United Nations Office at Nairobi said.

Africa is the most vulnerable continent to the impacts of climate change but accounts for the smallest share of global greenhouse gas emissions. In the face of climate change, the continent is threatened with extreme temperatures, droughts, and flash floods, which work to heighten food insecurity, experts say.

Public finance is expected to play a role in both investing in renewable energies, but also in leveraging private finance toward these efforts. But first, investment needs to be de-risked, which includes the creation of strong policy frameworks, said panelists.

It will be difficult for policy frameworks to be effective if there is a patchwork of policies throughout regions. This means there needs to be consistencies around taxations and regulations that exist regionally, said El Hadji Mbaye Diagne, lead negotiator for markets at AGN Senegal.

Read the full article about Africa Climate Week talks by Sara Jerving at Devex International Development.