Representatives of Uganda’s private sector have signed a declaration to actively engage in climate change mitigation. This was during the two-day workshop convened by the Climate Change Department of the Ministry of Water and Environment in partnership with United Nations Development Program (UNDP) and Makerere University Private Sector Forum from 7-8 May 2015 at the Commonwealth Resort, Munyonyo in Kampala.
Although Uganda’s private sector is one of the biggest emitters of carbon, little has been done to rally them to engage in or finance climate change mitigation actions.
The workshop created awareness about ways of private sector engagement in climate change mitigation including de-risking investment and technological innovations that strengthen low carbon growth, financing climate change mitigation measures, adopting lower carbon production processes, and encouraging and facilitating more climate conscious purchasing decisions by consumers.
A platform for continuous dialogue between the public and private sectors on Nationally Appropriate Mitigation Actions (NAMAs) and related climate change concerns was launched. The workshop also recommended that a NAMA investment guide be developed. Lastly, it initiated discussions on how to increase south-south cooperation between private sector organizations in Uganda, Kenya and Ghana.
Read more about the workshop here