President Ruto receives a standing ovation after addressing the EU Parliament in Strasbourg, France.
During the address on Tuesday November 21, the President stressed on the importance of EU-Kenya and EU-Africa cooperation, focusing on green transition and industrialization.
Ruto called for an investment in the carbon credits sector in Africa noting that the continent wants to compete.
“One of the biggest contributions the EU can make to both addressing poverty in Africa and achieving global climate goals is through its demand for green products and services, including carbon credits. Africa wants to compete. Crucially, we are not asking for further exemptions or a lower bar – but with high requirements on quality and integrity,” said Ruto.
The Head of State at the same time underscored the importance of the inaugural Africa Climate Summit held in Nairobi in September saying it culminated in the Nairobi Declaration which sets out the vision and a pathway for Africa to be a vital part of the global solution to the existential climate challenge we face.
“We have the world’s biggest untapped renewable energy potential, the youngest and fastest-growing workforce, and relevant natural resources and assets. 60% of the world’s best solar potential is in Africa, as well as over 60% of the remaining unused arable land in the world,” he stated.
Ruto further urged European companies, institutions, and organizations to explore opportunities in Africa and develop solutions not only benefit Africa but also contribute to global progress.