Luanda - The Vice-President of Angola, Esperança da Costa, reaffirmed Tuesday in Luanda that her country continues to focus on strengthening environmental legislation towards the ‘carbon market’, in line with the National Strategy for Climate Change 2022-2035.
The Vice-President made the statement at the opening of the 3rd International Conference on Environmental and Climate Law being held under the slogan ‘The impact of the carbon market on the realization of global climate goals’.
According to the Vice-President, the commitment stems from the Paris Agreement, signed by Angola in the National Strategy for Climate Change 2022-2035, an instrument that enables the creation of the National Emissions Plan (PNE) and the National Plan for Adaptation to Climate Change (PNAAC).
Esperança da Costa explained that along with the legislation for the carbon market, the country is concentrating its efforts on creating the conditions to overcome critical challenges such as completing the certification of forests and conservation areas and entry into operation of the climate observatory
The Vice-President recognized that the negative impact of climate change has been reflecting on the implementation of national development plans, however initiatives to strengthen environmental legislation have been given special attention by the Angolan government.
Angola has the natural capital to make a significant contribution to ‘Angola towards the Carbon Market’, the Vice-President said, adding that it has 47 main river basins, five of which are transboundary (Cunene, Cuvelai, Cubango/Okavango, Zaire/Congo and Zambezi) and is part of an equal number of international basin commissions.
Tourism
Esperança da Costa defended the need for the mobilization to promote tourism and the need to join synergies to promote the ambitious tourism project.
‘We will continue our efforts to ensure that Angola benefits from the Carbon Market and uses the financial resources for continued inclusive and sustainable development, integrating youth, communities and the crucial role of female leadership in preserving biodiversity,’ Costa said.
The Vice-President underscored that carbon credits have market value and can help the business sector to diversify, to manage their businesses by creating service providers, and integrated development approaches that are designed to offset the impact of choices, helping to slow down climate change, promoting technology and innovation, improving data records, creating a real revolution with new professions and making us more responsible for saving the planet.
Angola possesses a unique environmental wealth, with a vast ecosystem that provides the basis for a green economy. FMA/VIC/AMP
