By MOZTIMES
Maputo (MOZTIMES) – The Mozambican Minister of Agriculture, Roberto Albino, has called for strategies that would allow the country to directly access international climate funding and carbon markets.
International climate funding refers to the transnational transfer of public and private financial resources from developed nations and multilateral institutions to developing countries.
According to the United Nations Framework Convention on Climate Change (UNFCCC), the funds allocated to developing countries must be used to finance the mitigation of greenhouse gas emission and strengthen resilience of construction projects.
According to the Minister, speaking on Wednesday, in Maputo, at a High-Level Political Dialogue on the European Green Deal, which coincided with a ceremony marking World Bee Day, Mozambique needs specialized technical assistance to take advantage of existing opportunities in the international climate market, without compromising the benefits destined for the country.
“What we want is direct technical assistance that allows Mozambique to utilize better the various climate finance pathways and not fall into the hands of intermediaries. We frequently receive proposals from operators interested in mediating the country’s entry into the carbon market, but they demand high percentages of the gains obtained”, he said.
“I receive daily requests from intermediaries who want to help Mozambique enter the carbon market, but they always ask for 30 per cent”, added Albino, cited by the Mozambique News Agency (AIM).
According to Albino, the government is seeking support from the European Union to develop national mechanisms for participation in carbon markets, ensuring greater transparency, technical capacity, and the retention of financial benefits resulting from the climate agenda.
“Mozambique has high potential to benefit from the green economy, due to the availability of natural resources, biodiversity, and our capacity for the production of renewable energy”, he said. (MT)
