Context
The term ‘just transition’ refers to the process of moving towards climate-friendly ways of living and doing business. This requires innovation in every sector of the economy to reduce CO2 emissions, conserve resources and develop climate-friendly technologies.
As yet, however, the potential of African start-ups in the area of climate tech has not been fully harnessed. The number of successful start-ups is relatively low compared with other sectors, and there are too few investable solutions. It takes too long to convert research findings into usable solutions. Another problem is that gender inequality is pronounced in the climate tech industry.
When it comes to talks on climate, Africa is usually seen as a recipient of innovative solutions rather than a producer. This can deprive the countries of important opportunities to position themselves as key players in the field of climate adaptation.
Objective
Africa's technology sector is able to implement climate-friendly, gender-equitable and research-based innovations more efficiently.