Last week in Shanghai, a new initiative was launched by officials from China and Africa aimed at accelerating green development and tackling climate change. This initiative, known as the Shanghai Action Initiative on Sustainable Energy Transition and Green Investment and Financing, was introduced during a roundtable forum that took place ahead of the upcoming 2024 Summit of the Forum on China-Africa Cooperation.

The roundtable included participants from government sectors, experts, and representatives from both China and Africa, and was organized by the China-Africa Environmental Cooperation Center, along with Tongji University and the World Resources Institute. The discussions focused on strategies for collaboration in optimizing energy structures, implementing low-carbon technologies, developing green finance solutions, and establishing green skills in both regions.

During the forum, there was a clear consensus on the urgency of moving away from fossil fuels and investing in renewable energy sources as a vital part of climate action. The participants stressed the necessity for increased funding in green technologies, infrastructure projects, and the formulation of sustainable energy policies.

The Shanghai action initiative specifies several actionable steps for China and Africa to meet their green development aspirations. These steps include enhancing policy discussions, engaging in cooperative research, and developing climate-friendly financial products and services.

Officials from both regions expressed their dedication to enhancing partnerships focused on climate action and sustainable development. Cui Dandan, representing China's Ministry of Ecology and Environment, acknowledged the advancements made in Sino-African climate cooperation in recent years, pointing out the shared interests and objectives both regions have in combating climate change and fostering sustainable growth.

Similarly, Serge Molly Allo'o from Gabon's environmental ministry highlighted the essential role of green energy initiatives as a means to fight climate change. He reiterated the importance of transitioning to renewable energy resources, not only for climate efforts but also for human survival, commending the collaborative efforts between Gabon and China focused on clean energy projects.

Qu Jining, from the Shanghai Municipal Bureau of Ecology and Environment, spoke about Shanghai's goal to become a modern metropolis where human activity and nature coexist harmoniously. She expressed the city’s enthusiasm for collaborating with African nations on projects involving energy, education, and trade, illustrating the commitment to a shared vision of sustainable development.