Africa Moves to Capture Trillions in Carbon Finance, Trains Diplomats for Global Climate Market Negotiations

Africa Moves to Capture Trillions in Carbon Finance, Trains Diplomats for Global Climate Market Negotiations


The African Union (AU) and the African Capacity Building Foundation (ACBF) have begun preparing African diplomats for what could become one of the continent’s biggest climate financing opportunities, training more than 80 ambassadors, senior diplomats and policy experts to negotiate a stronger African position in the rapidly expanding global carbon market.

The high-level training, held at the AU headquarters in Addis Ababa, Ethiopia, marks a major step in implementing the Africa Action Plan on Carbon Markets, adopted by the AU Assembly in 2025 to ensure African countries derive greater economic and environmental benefits from international carbon trading.

The initiative comes as decisions reached under Article 6 of the Paris Agreement at the COP29 climate conference in Baku, Azerbaijan, are expected to significantly expand global carbon markets, potentially unlocking billions of dollars in climate finance for developing countries, including those in Africa.

According to a statement signed by Fatou Diouf, Head of Communications and Influencing at the African Capacity Building Foundation, the seminar aimed to strengthen the technical and negotiating capacity of African diplomats ahead of increasingly complex international climate negotiations.


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Speaking during the programme, AU Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment, Moses Vilakati, stressed that Africa must pursue a coordinated continental strategy.

“Our collective approach must continue to be guided by our continental frameworks,” Vilakati said.

He emphasised that strong governance, transparency, free, prior and informed consent, and legally enforceable benefit-sharing mechanisms are critical to ensuring carbon markets generate tangible benefits for African countries and local communities rather than external investors alone.

Participants explored African-led carbon credit projects, examined the differences between compliance and voluntary carbon markets, and studied international regulatory models, including the European Union’s Emissions Trading System, to identify best practices adaptable across the continent.

Discussions also focused on safeguarding community rights, ensuring environmental integrity and directing carbon revenues towards climate adaptation, sustainable development and local economic growth.

Special Adviser to the ACBF Executive Secretary and Head of the Foundation’s AU Liaison Office, Ambassador Laho Bangoura, said Africa must invest in human capacity if it is to maximise emerging opportunities in climate finance.