Last week, representatives from China and Africa came together in Shanghai for a significant launch of a new initiative designed to expedite efforts in green development and fight against climate change. Named the Shanghai Action Initiative on Sustainable Energy Transition and Green Investment and Financing, this initiative was revealed during a roundtable forum that took place prior to the upcoming 2024 Summit of the Forum on China-Africa Cooperation.

Organized by the China-Africa Environmental Cooperation Center, Tongji University, and the World Resources Institute, the forum fostered discussions among government officials, experts, and stakeholders from both China and Africa. They explored collaborative approaches in optimizing energy structures, advancing low-carbon technologies, enhancing green finance, and developing green skills. A consensus emerged on the necessity of moving away from fossil fuels and investing in renewable energy sources as essential measures to combat climate change.

The Shanghai action initiative presents a series of concrete actions that China and Africa can pursue to reach their environmental objectives. Suggestions include boosting policy discussions, engaging in joint research endeavors, and developing climate-friendly financial products and services.

Both Chinese and African officials reaffirmed their dedication to working together on climate initiatives and sustainable development. Cui Dandan from the Ministry of Ecology and Environment highlighted the advancements made in Sino-African cooperation regarding climate action in recent years. He noted the alignment between China, the largest developing country, and Africa, which holds the majority of developing nations, in their shared mission to address climate issues and pursue sustainable growth.

Additionally, Serge Molly Allo'o, an advisor in Gabon's environment ministry, stressed the pivotal role of green energy in the context of climate combat and human survival. He praised the ongoing partnership between Gabon and China in promoting clean energy projects. Meanwhile, Qu Jining from Shanghai's Municipal Bureau of Ecology and Environment reaffirmed the city's commitment to evolving into a modern global metropolis that nurtures both humans and nature, expressing a keen interest in collaborating with Africa on energy, education, and trade initiatives.