11th Africa Development Conference at Harvard University 2022
AEC Executive Chairman NJ Ayuk will serve as a lead panelist on the “Climate Change and Energy Transition” session at the 11th Africa Development Conference at Harvard University.
The African Energy Chamber is proud to announce the participation of its Executive Chairman NJ Ayuk at the 11th Africa Development Conference at Harvard University – a flagship event led by students of African descent at Harvard Law School and the Harvard Kennedy School of Government. Participating as a lead panelist on the session, “Climate Change and Energy Transition,” Ayuk will bring his myriad years of experience and expertise within the African energy sector to discuss the global energy transition, sustainable development in Africa and how climate change will affect African economies and energy matrices.
Under the theme, “Rising After the Pandemic: Reigniting Africa’s Development Momentum,” the conference aims to explore and call attention to opportunities on the continent to accelerate its economic recovery, while at the same time driving sustainable and inclusive growth. With over 600 million Africans lacking access to electricity, the conference comes at a critical time in Africa’s energy and economic development, as the continent strives to balance rising energy demand with the effects of climate change, as well as the socioeconomic impacts of the pandemic still being felt in 2022.
“Climate change & Energy Poverty”
While the international community turns its attention to mitigating climate change through the adoption of renewable energies, Africa is still left to deal with crippling energy poverty. Faced with a two-pronged threat – climate change and energy poverty – an alternative transition strategy in Africa is needed. In this sense, industry stakeholders such as Ayuk have opted for an Africa-centric approach, whereby cleaner hydrocarbon resources such as natural gas are utilized as a transition fuel to kickstart Africa’s industrial development and eliminate energy poverty by 2030. By exploiting its significant gas resources, Africa can not only address energy poverty, but also stimulate investment in complementary green technologies, such as solar, wind and hydropower. In this sense, the continent will be addressing both crises, ensuring energy poverty is alleviated while gradually transitioning to a clean energy future.
During the session, panelists including Ayuk will discuss energy transition, energy poverty and climate change, as well as explore sustainable development and its associated challenges and opportunities. In addition, topics such as Africa’s fossil fuel reliance, historically low emissions, and the need for continued hydrocarbon exploration and development will be addressed. As an advocate of Africa’s oil and gas industry, Ayuk will offer a dynamic perspective to these ongoing discussions, while leveraging new insight into global and energy investment policies.
Article Original Published @ African Energy Chamber