Addis Ababa, Ethiopia– The Second Africa Climate Summit (ACS2) concluded today with the adoption of the Addis Ababa Declaration on Climate Change and Call to Action, marking a defining moment for Africa’s role in global climate governance.
Hosted by the Government of Ethiopia in collaboration with the African Union Commission, the summit convened under the theme: “Accelerating Global Climate Solutions: Financing for Africa’s Resilient and Green Development.”
Adoption of the Addis Ababa Declaration
The declaration, endorsed by African Heads of State and Government, underscores Africa’s commitment to positioning itself as a proactive leader in climate action and as a central actor in shaping the emerging global green economy. It calls for scaled-up implementation of flagship African initiatives including the Great Green Wall, the African Forest Landscape Restoration Initiative, and Ethiopia’s Green Legacy Initiative.
Major Announcements and Commitments
The summit resulted in significant financial and policy commitments:
- Launch of the Africa Climate Innovation Compact (ACIC) and the African Climate Facility (ACF), with a target to mobilize $50 billion annually to accelerate 1,000 African climate solutions by 2030.
- Operationalization of the African Climate Change Fund, supported by the African Development Bank, to channel green bonds and design financing mechanisms tailored to African contexts.
- Establishment of the Africa Green Industrialisation Initiative (AGII), backed by $100 billion in commitments from African financial institutions to advance renewable energy, green industries, and sustainable resource management.
- Announcement of the second phase of the Africa Adaptation Acceleration Program (AAAP 2.0), which seeks $50 billion to climate-proof Africa’s food systems, infrastructure, and urban centers by 2030.
- Additional bilateral commitments included $79 million from Denmark for agricultural transformation and $4.2 billion from Italy, with 70% allocated to Africa through the Italian Climate Fund.
- The European Investment Bank (EIB) formalized technical assistance agreements with Ethiopian banks as part of its broader €100 billion climate investment plan by 2027.
Advancing Africa’s Climate Agenda
Beyond financing, leaders set ambitious targets for the continent’s future:
- Raising Africa’s share of global renewable energy investments from 2% to 20% by 2030.
- Expanding access to modern energy for 300 million Africans and clean cooking solutions for 900 million people within the next decade.
- Implementing the Africa Just Resilience Framework (JRF) and operationalizing the Climate Justice Impact Fund for Africa (CJIFA), which has already issued 64 grants in 17 countries.
- Advancing the Green Minerals Strategy to ensure Africa benefits from value addition of its critical minerals, supporting local industrialisation and job creation.
Strong Participation and Engagement
ACS2 brought together over 25,000 participants, including Heads of State and Government, ministers, civil society representatives, youth, academia, private sector leaders, local communities, and indigenous peoples. The summit featured:
- 23 national and partner pavilions,
- 43 exhibitions highlighting private sector innovations, and
- 240 side events focused on African-led solutions.
Road to COP30
With global climate negotiations approaching COP30 in Belém, Brazil, the Addis Ababa outcomes provide Africa with a unified and strengthened position. Leaders reiterated that adaptation finance is a legal obligation of developed countries and called for urgent reform of multilateral development banks to lower borrowing costs and expand Africa’s representation in global financial governance.
The Government of Ethiopia and the African Union Commission reaffirmed their commitment to supporting the implementation of the Addis Ababa Declaration and to advancing the initiatives launched at ACS2.
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