{"id":17059,"date":"2023-12-19T00:49:44","date_gmt":"2023-12-19T00:49:44","guid":{"rendered":"https:\/\/snuac.snu.ac.kr\/eng\/?p=17059"},"modified":"2023-12-19T00:49:45","modified_gmt":"2023-12-19T00:49:45","slug":"leveraging-carbon-trading-for-sustainable-development-in-africa","status":"publish","type":"post","link":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/2023\/12\/19\/leveraging-carbon-trading-for-sustainable-development-in-africa\/","title":{"rendered":"Leveraging Carbon Trading for Sustainable Development in Africa: A Win-Win Partnership with Korea"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p><strong><a href=\"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/2023\/12\/19\/leveraging-carbon-trading-for-sustainable-development-in-africa\/20231219_poster\/\" rel=\"attachment wp-att-17060\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17060 aligncenter\" src=\"https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster.png\" alt=\"\" width=\"1191\" height=\"842\" srcset=\"https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster.png 1191w, https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster-300x212.png 300w, https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster-768x543.png 768w, https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster-1024x724.png 1024w, https:\/\/snuac.snu.ac.kr\/eng\/wp-content\/uploads\/2023\/12\/20231219_poster-400x283.png 400w\" sizes=\"auto, (max-width: 600px) 99vw, (max-width: 900px) 98vw, 876px\" \/><\/a><\/strong><\/p>\n<ul>\n<li><strong>Date: <\/strong>December 19th, Tuesday, 2023, 12:00 &#8211; 13:00<\/li>\n<li><strong>Location:\u00a0<\/strong>Room 304, SNUAC (Bldg. 101)<\/li>\n<\/ul>\n<hr \/>\n<p>Presenter: Kent Kamasumba (Bridge of Hope Foundation)<br \/>\nModerator: Joonhwa Cho (SNUAC)<\/p>\n<div class=\"u_row\">\n<div class=\"vc_row wpb_row vc_row-fluid\">\n<div class=\"wpb_column vc_column_container vc_col-sm-12\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p>As African nations seek to break free from traditional aid dependency and chart a course toward sustainable development, carbon trading emerges as a strategic avenue. This presentation explores the developments in Africa\u2019s carbon markets and outlines a proposal for how African nations can leverage carbon trading to foster economic growth and environmental sustainability, and how aid donors, exemplified by Korea, can play a pivotal role in establishing a mutually beneficial partnership.<\/p>\n<p>Traditional aid to Africa, despite well-intentioned efforts, has faced challenges in delivering sustainable and transformative outcomes. The dependency on aid often perpetuates a cycle of reliance without fostering economic autonomy. In contrast, carbon trading emerges as a potential solution to reshape Africa\u2019s development trajectory. Carbon trading provides a market-driven mechanism where nations can monetize their efforts in reducing carbon emissions and embracing sustainable practices. This model incentivizes environmentally conscious initiatives, such as renewable energy projects, afforestation, and waste management, allowing African countries to generate revenue through the sale of carbon credits. By shifting the focus from aid dependence to market-driven sustainability, carbon trading presents a dynamic approach that aligns economic growth with environmental stewardship, offering the potential for a more self-sufficient and resilient path to development.<\/p>\n<p>The presentation advocates for a symbiotic relationship between African nations and aid donors like Korea, where financial support, technology transfer, and capacity building create a conducive environment for successful carbon trading initiatives. This partnership envisions a win-win scenario, propelling Africa towards sustainable development while advancing Korea\u2019s commitment to global environmental stewardship.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"u_row\">\n<div class=\"vc_row wpb_row vc_row-fluid\">\n<div class=\"wpb_column vc_column_container vc_col-sm-12\">\n<div class=\"vc_column-inner\">\n<div class=\"vc_separator wpb_content_element vc_separator_align_center vc_sep_width_100 vc_sep_pos_align_center vc_sep_color_grey vc_separator-has-text\">Kent Kamasumba is a Visiting Scholar at the Seoul National University Asia Center (SNUAC)-<span class=\"il\">Africa<\/span>\u00a0Center. As a Doctoral Graduate from the Graduate School of International Studies, Seoul National University, his research expands from East Asia \u2013\u00a0<span class=\"il\">Africa<\/span>\u00a0Relations with focus on Foreign Aid flows, to Global Governance and\u00a0<span class=\"il\">Sustainable<\/span>\u00a0<span class=\"il\">Development<\/span>. He continuously collaborates in research with United Nations Economic Commission for\u00a0<span class=\"il\">Africa\u00a0<\/span>(Southern\u00a0<span class=\"il\">Africa<\/span>\u00a0Office), and the Zambia National Commission for UNESCO. In the field of Sustainability, Dr. Kamasumba is currently an ESG consultant for a Korean Global Shipping Company Specialized in Energy Transportation. As a\u00a0<span class=\"il\">Sustainable<\/span>\u00a0<span class=\"il\">Development<\/span>\u00a0advocate, Dr. Kent Kamasumba is a founder and Executive Director of Bridge of Hope Foundation, a Zambian NGO whose vision is a\u00a0<span class=\"il\">sustainable<\/span>\u00a0world of networking communities.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Date: December 19th, Tuesday, 2023, 12:00 &#8211; 13:00 Location:\u00a0Room 304, SNUAC (Bldg. 101) Presenter: Kent Kamasumba (Bridge of Hope Foundation) Moderator: Joonhwa Cho (SNUAC) As African nations seek to break free from traditional aid dependency and chart a course toward sustainable development, carbon trading emerges as a strategic avenue. This presentation explores the developments in Africa\u2019s carbon markets and outlines a proposal for how African nations can leverage carbon trading to foster economic growth and environmental sustainability, and how aid donors, exemplified by Korea, can play a pivotal role in establishing a mutually beneficial partnership. Traditional aid to Africa, despite well-intentioned efforts, has faced challenges in delivering sustainable and transformative outcomes. The dependency on aid often perpetuates a cycle of reliance without fostering economic autonomy. In contrast, carbon trading emerges as a potential solution to reshape Africa\u2019s development trajectory. Carbon&#8230;&#8230;<\/p>\n","protected":false},"author":2,"featured_media":17060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-17059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events"],"_links":{"self":[{"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/posts\/17059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/comments?post=17059"}],"version-history":[{"count":2,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/posts\/17059\/revisions"}],"predecessor-version":[{"id":17062,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/posts\/17059\/revisions\/17062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/media\/17060"}],"wp:attachment":[{"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/media?parent=17059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/categories?post=17059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/snuac.snu.ac.kr\/eng\/index.php\/wp-json\/wp\/v2\/tags?post=17059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}