How the Green Transition Can Support Africa’s Development
CAPE TOWN – With the world barreling toward increasingly urgent climate deadlines, African policymakers must move beyond the comforting illusion that simply producing more renewable electricity will satisfy global emissions-reduction targets. In reality, a climate strategy that focuses on green energy but neglects development risks delivering climate gains without yielding development dividends.
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While Africa’s greenhouse-gas emissions remain low on average, the continent faces profound economic and debt pressures that could impede its ability to decarbonize and build resilience. Any credible climate strategy must therefore combine debt relief with growth-oriented, low-carbon development.
These ideas are central to the latest report from the Africa Expert Panel, which was established under South Africa’s G20 presidency to examine how to channel investment in........
