The event which took place outside of Monrovia in the city of Paynesville was graced by a conglomeration of private sector actors under the banner Liberia Private Sector Climate Action Alliance (LIFSCAA), students, officials of government and the donor community. The dialogue was held under the theme “Private Sector – a Catalyst in Boosting NDC Implementation for a Resilient Economy.”However, the objective of the event was to provide and encourage the participation and contribution of the private sector in the revision process of the NDC. “All these interventions, as much as they are critical, need to be given substantive action and that can only come about with involvement of the private sector; why because the private sector has always been at the heart and soul of driving the economy,” stressed Prof. Tarpeh. “One of the misconceptions in the past is that things like climate change should be supported by donor funds, NGO activity and other means doing climate change projects,” stated LIPSCAA acting chairman. Private sector stakeholders at the Dialogue have set up a private sector working group on climate adaptation to remain engaged with the EPA, National Investment Commission, the Ministry of Finance and Development Planning and other actors in fostering access to private sector financing and public private partnerships to fund climate change adaptation initiatives in Liberia.

Source: Front Page Africa November 15, 2020 23:48 UTC