ABOUT THE SESSION
TradeMark Africa partners has facilitated interventions that support trade for prosperity, lowering trade costs to deliver gains for all. Yet, increased trade has the risk of increasing carbon emissions. To mitigate this, we adopted a green growth strategy as we continuously support interventions that not only reduce barriers to trade and improve business competitiveness, but also that reduce Green House Gas (GHG) emissions in trade. Our Green Corridor Approach is supporting partnering governments in the Eastern Africa region to:
i) Adopt improved Climate Change Policy Frameworks;
ii) Design and facilitate green infrastructure along trade and transport corridors; and
iii) Strengthen green economy for enhanced trade and export.
As Eastern African economies continue to grow rapidly, so do the respective transport and logistics sectors, and the accompanying Greenhouse Gas (GHG) emissions and pollution. This is further compounded by inefficiencies that exist in the regions’ road transport and logistics sectors. Meanwhile, water transport (maritime, inland lakes) and rail transport, which are the cheapest modes of freight transport, are underdeveloped and underutilised.
The session will focus on what has been done and future plans to strengthen green growth, climate resilience and reduction of GHG emissions in the freight transport, logistics and export sectors along key corridors in Eastern Africa for sustainable trade.