CSR-In-Action Champions Africa’s Carbon Finance Dialogue At 14th SITEI Conference 

LAGOS  – CSR-in-Action Group, one of the leading sustainability advocacy organisation, recently convened policymakers, investors, private sector leaders and civil society actors at the 14th Sustainability in the Extractive Industries (SITEI) Conference, held virtually to examine Africa’s emerging role in the global carbon economy. 

The conference theme ‘From Emissions to Assets: Carbon Accounting, Trading, and Offsetting in Africa’s Extractive Sector’, explored the potential for high-integrity carbon markets to be a new revenue stream for Africa’s extractive sector, in compliance with regulations and contributing to social benefits. 

The deliberations examined how people in the extractive sector can turn their environmental responsibility into economic value through reliable carbon accounting systems, participation in the market, and climate projects that benefit the community. 

Dr Bekeme Olowola, Chief Executive and Convener of SITEI, while opening the conference, underscored Africa’s strategic position in the evolving climate economy, noting that the continent must assert ownership over its climate agenda and carbon market architecture. 

“Africa is no longer a peripheral player in the climate economy. We are increasingly the centre of global attention because of our natural capital, our demographic advantage and our emerging carbon market ecosystem. Africa must define its standards, set its pace and shape the narrative. This is why CSR-in-Action has, for over 15 years, championed the intersection of extractives, community rights, environmental governance and, now, climate finance,” she said.