Latest Update On Tuesday, 04 March 2014 - 08:17 GMT+00
African clean technology conference to be held in South Africa
South Africa will host African business owners, who seek funding to introduce clean technology solutions and services in renewable energy, waste management, water conservation and recycling projects in the upcoming Viridis Africa conference.
Scheduled for October 16 and 17 at the Killamey Country Club, the conference would be a matchmaking platform, bringing together African and foreign investors.
Their attendance is aimed at looking out for new African commercial opportunities to fund, build strategic alliances, adopt distribution partners and acquisitions.
Viridis Africa is inviting entrepreneurs to submit a clean tech business plan or investment proposal to the organisers of the event.
Participating in the event will allow clean technology business owners to raise capital for expansion, acquiring new technology, opening new markets and up scaling production. Business plans should be sent to firstname.lastname@example.org before 30 August 2012.
A press release sent to Globalnewsreel.com by Ms. Suza Adam, Managing Director of Spindle Communications, the event organizers, Viridis Africa challenges participants and business case presenters to discuss and give appropriate solutions to Africa’s climate change problems and to champion African economic growth.
The organizers expect the Viridis Africa event, which means “Green Africa” in Latin, would largely bring attention to the clean technology development efforts in Africa as one of the avenues where socio-economic benefits could be derived.
Some of these benefits may lead to poverty reduction, disease prevention through such methods as improved waste management and water treatment technologies, and higher literacy levels due to access to electricity while creating employment.
“Though Africa emits barely 3% of the world’s green house gases, the continent is most affected. Experts agree that Africa is the most vulnerable continent and least able to adapt to a new hurdle in the fight against extreme poverty and disease. For many sub-Saharan African countries, climate change means more frequent drought and floods, water scarcity, and increased health challenges such as under-nutrition,” it said.
Global warming, it continued could cause temperature rises to double elsewhere. The consequence would be dramatic declines in rainfall and a fall in crops. There are likely to be severe water shortages in many parts of the African continent.
Ms. Adam mentioned it was also imperative for those responsible for the emission of the greater percentage of green house gases to commit to reducing emissions at home.
“The reluctance of greater emitters of green house gases to cutting down emission at home is questionable if we are all committed to global warming reduction,” she noted.
According to her, “buying emission rights abroad is good, but cutting down emission at home is better. And guess what, best is if you can do both.”
“We all have a responsibility to do research and come up with ways in which renewable energy can bring about sustainability to struggling communities. Since renewable energy applications most times take power generation into the citizenry. It will help us lower our carbon footprint while gauging our energy barometer.”
The Managing Director urged industries to be bolstered by sustainability initiatives and further advocated that carbon finance should be used to scale up renewable energy and low-income household energy projects.
Clean Technologies are being designed and produced in a most advanced fashion, incorporating the bleeding edge of scientific knowledge and application such as in material sciences – nano engineering, biotechnology - genetically modified organisms, chemistry - green industrial processes, etc.
The most important aspect of these technologies is that they have been designed to bring about sustainable environmental and economical solutions.
The statement said if these solutions were to be implemented in Africa, then their impact would be the greatest.