Subscribe free to our newsletters via your
. Nuclear Energy News .




AFRICA NEWS
UN trade body says Africa must embrace sustainable economy
by Staff Writers
Geneva (AFP) June 13, 2012


Africa has abundant natural resources to kickstart its economy, but it needs to use them in a sustainable manner and requires outside help to develop, UN agency UNCTAD warned on Wednesday.

"Africa is so rich and filled with resources but it is exporting them; what it should do is use more resources more efficiently and transform itself into a higher production economy," UNCTAD director general Supachai Panitchpakdi told reporters.

Speaking at the UN Conference on Trade and Development's launch of its 2012 report on Africa, Panitchpakdi said that the continent's consumption of resources was half the global average.

This indicated that the need for change is "very urgent", he said, since the African economy is still too dependent on agriculture.

However Panitchpakdi added that Africa's relative lack of industrialisation could turn out to be in its favour, since it meant new technological advances could be embraced easily.

He called on developed countries to help Africa, since nearly $24 billion alone is required between now and 2030 merely to ensure that the continent's people have access to electricity.

But he warned that foreign direct investment had to be monitored carefully.

"We need to have concerted, active and deliberate policies from states. This cannot be left to the markets, it must be directed by government," he said.

The director general said that although Africa "could afford to" export its resources at the moment, the continent's governments should embrace durable alternatives in such fields as energy provision now, or risk making the same mistakes as other industrialised countries have done in the past.

The UNCTAD report gives guidelines at a national level to assist states in the creation of sustainable development.

Countries including Kenya, Mauritius and South Africa are shown in the report to have made progress in adopting durable economic solutions in energy production and greater land productivity.

.


Related Links
Africa News - Resources, Health, Food






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








AFRICA NEWS
Botswana, climate and tourism
London, UK (SPX) Jun 12, 2012
Botswana's Okavango Delta is a sensitive ecosystem that could be affected detrimentally by climate change. Given the Delta's prominence in the country's tourist industry, such negative impacts could wreak havoc on its economy and affect the lives of its inhabitants. Tourism in Botswana is the second largest economic sector, according to Wame Hambira of the University of Botswana in Gaboron ... read more


AFRICA NEWS
Shell scraps biofuels plan over Brazil native land

Shell backs out of Brazil sugar-cane plans

Environmental benefit of biofuels is overestimated, new study claims

Steel-Strength Plastics That Are Clean And Green

AFRICA NEWS
Storing and managing solar energy for the grid

NRG Energy invests in Geostellar for solar mapping

Trina Solar and E3/DC develop energy storage solutions

India seeks green energy foreign investors

AFRICA NEWS
South Korea partners for offshore wind

Change in air as Africa's biggest wind farm set for Kenya

Wind Powering An Island Economy

China Leads Growth in Global Wind Power Capacity

AFRICA NEWS
China to trial energy-saving electricity price scheme

'Angel of the dump' transforms lives in the Philippines

How to Surpass California's Renewable Energy Goals

TEPCO to buy 1 million tons LNG a year from Qatar

AFRICA NEWS
S. Korea firm wins $1.3 bn Venezuela order

Ancient effect harnessed to produce electricity from waste heat

'Xena' pleads guilty over N.Zealand oil protest

Iran warns EU will pay a higher cost under oil embargo

AFRICA NEWS
Extremely little telescope discovers pair of odd planets

Alien Earths Could Form Earlier than Expected

Planets can form around different types of stars

Small Planets Don't Need 'Heavy Metal' Stars to Form

AFRICA NEWS
New paints prevent fouling of ships' hulls

NSM agrees final ANZAC maintenance deal

Skanska to build Navy explosives wharf

Iran claims designing nuclear submarine

AFRICA NEWS
Impact atlas catalogs over 635,000 Martian craters

e2v imaging sensors launched into space on NASA mission to Mars

NASA Mars Rover Team Aims for Landing Closer to Prime Science Site

NASA's Mars rover zeroes in on August landing




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement