A green path to industrialization ...
Arab Emirates, according to Nigeria’s environment ministry. Also, the Tata Group of India is planning to establish in Nigeria a mass transit system of compressed natural gas vehicles to reduce emissions.
The ECA economic report recommends a step-by-step “systemic approach,” with a focus on value chains in agriculture, energy extractives, manufacturing, transport and water. Countries must identify green industrialization entry points, set policies that support green industrialization and mobilize resources from the public and private sectors, recommends the report.
The report further stresses that investments in infrastructure and innovation are critical and that countries should share best practices, strengthen national institutions and constantly review their green industrialization policies and activities.
Overall, a general belief among Africa’s development experts is that going green — and clean—is no longer a moral question; it is now a socioeconomic imperative. They view it as the new pathway to Africa’s industrialization.