tunis 23 march 2012 presenter: douglas barnett green and inclusive jobs: innovation and...
TRANSCRIPT
TUNIS23 MARCH 2012PRESENTER: DOUGLAS BARNETT
GREEN GREEN GREEN
African Development Bank Group
“Green” : NOT just carbon production. It is also … about resource use, people, their livelihoods and habitat.
If green growth does not generate jobs/ incomes/ support entrepreneurship and economic opportunities and if it only relies on grants and ODA investments over the long term, then it’s NOT sustainable
2
3
For Africa, Green Growth is about maintaining economic momentum in the face of population growth, urbanization, natural resource scarcity and climate change.
The absolute priority for Africa is to develop.
This requires food and livelihood security, access to education, health services, energy, resources and capital, and access to JOBS.
Meeting these conditions in a world undergoing many changes is a significant challenge.
INCLUSIVE GROWTH
African Development Bank Group
Additional Challenges
Demographic Urbanization Transportation Infrastructure Environmental DegradationPollutionClimate Change Unbalanced Growth Models Business Environment Weak Institutions
Inclusive growth: Growth that results in enhanced (a) economic opportunity for
the majority (broad-based) and for vulnerable groups (bottom of the
pyramid) and (b) through improved governance to enhanced access to social services.
Some Current Models
Knowledge operations Financial Operations
Jobs and income generation
TA linked to transaction or not (FAPA) Skills and labour markets
development Entrepreneurship development
(franchising programme), business development services, capacity building of SME representative institutions (ABR, RPSF)
Different models for NSO (non-sovereign opertns):•Financial intermediation (can include special needs group- GOWE program)•Private Equity Funds•Direct lending•Business-linkages program (e.g. out-grower schemes)
Financial services
Micro-finance Trust-fund (OPSM) Remittances Trust Fund (OPSM) FAPA TA linked to transactions
• Micro-finance operations – e.g. K-Rep, Advans Bank, MicroCred
• LOCs, PCGs• Apex facility through Tunisian Central Bank for
SME lending• Shelter-Afrique, Africa-re (insurance market)
Health and education
•Promotion /Development of Social Businesses, including incubators
• Health Funds• Inconclusive (as yet) experience with AKU
(sovereign/non-sovereign),• Trustco (also, financial services)
Basic infrastruc-ture
•Promotion /Development of Social Businesses, including incubators
• NSO Projects tend to focus on large scale activities
• Example of smaller scale projects, mainstreaming climate change issues include Cabeolica, E+CO (rural clean energy fund)
GREEN GROWTH – Inclusive JOBS
African Development Bank Group
Green jobs are decent jobs that: - Reduce consumption of energy and raw materials- Limit greenhouse gas emissions- Minimize waste and pollution- Protect and restore ecosystems
How can AfDB private sector address green growth & inclusive job generation?
Infrastructure – Cabeolica UA 21.6 million
CIFs – at least $900 million
SEFA Sustainable Energy Fund For Africa (up to USD $58 million)
Banking
GREEN JOBS?
African Development Bank Group
Cabeolica – UA 23 million ADB & ADF23 MW Installed13 GWh generated in 201125 full time employees of which 6 femaleAbout $500,000 / year payments to local suppliers
and local salariesSave on imported diesel fuel costsTax exempt for 5 yearsConclusion: Benefits in renewable energy
generation are mainly indirect and knowledge transfer, not direct employment
Inclusive Jobs through Banking
African Development Bank Group
SDG – Summit Development Group –
Banking transformation for the unbankable …Use of mobile banksUse of container banking
Microfinance – 200,000+ loans / persons employed
GREEN JOBS
African Development Bank Group
Social BusinessesSocial Enterprises
Envirofit.org
Wood-based cooking
Human Impacts• 1.6 million people die from wood smoke related diseases each year. • Smoke from wood fire is one of the WHO’s top 10 threats to human health.• Depleted wood resource causes political instability. Wood Consumption• Half of all world harvested wood used for fuel. • 75% of wood harvested in LDC is burned for fuel.
GREEN GROWTH – Inclusive JOBS
African Development Bank Group
What’s missing? How can we optimize?
TH
AN
K Y
OU
.