Vol 64 No 21

Published 19th October 2023

Radical climate finance strategies go mainstream

Fri, 13 Oct 2023 00:00:00 GMT

PREVIEW

Leaders of the IMF and World Bank back carbon taxes and a plan to end fossil fuel subsidies | Special Report by Tim Concannon

Welcome to the first in our series of special reports in the run-up to the UN COP28 Climate Summit in Dubai opening on 30 November.

Africa Confidential's Environment Editor Tim Concannon will explain and analyse the key issues at stake in Dubai and how African governments, companies and regional institutions are approaching the negotiations. Much of the focus in Dubai will be on climate finance.

Our first report in the series examines how the IMF and World Bank are changing policy on climate finance, boosting lending and calling for carbon taxes and the ending of fossil fuel subsidies.

For a detailed analysis of these shifts, read this Special Report here: Radical climate finance strategies go mainstream.

Prepared for Free Article on 09/05/2025 at 09:45. Authorized users may download, save, and print articles for their own use, but may not further disseminate these articles in their electronic form without express written permission from Africa Confidential / Asempa Limited. Contact subscriptions@africa-confidential.com.

Vol 64 No 25 |

CLIMATE CHANGE
SPECIAL REPORT

The 28th UN Conference of the Parties Climate Summit – a users' guide

7th December 2023

How to navigate the facts, the figures and the declarations | By Tim Concannon and Jerry Sam in Accra and Caroline Chebet in Nairobi

"There is no future in charging in the footsteps of the polluter. There is opportunity in leapfrogging and leading the world in a new direction." Mohamed Adow, Director...

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Vol 65 No 7 |

Anger as Geneva wins Fund fight

28th March 2024

African officials and climate activists want to reverse the decision to host the Loss and Damage advisory network in Geneva instead of Nairobi. They met in Lilongwe, Malawi,...

Vol 64 No 3 |

CLIMATE CHANGE
AFRICA IN 2023

Finance and energy access come first

23rd January 2023

The IMF, World Bank and G20 face growing pressure to raise funds for climate goals ahead of the UN COP28 summit in Dubai

Arguments over emissions cuts, climate finance and developing economies' access to energy are set to dominate the UN COP28 Climate summit in Dubai in November. Despite sharpening geopolitical...

Vol 65 No 13 |

AFRICA
CLIMATE CHANGE

Stalemate on climate finance talks irks African negotiators

19th June 2024

After technical negotiations over green transition funds in Bonn hit a deadlock, talks are to resume at the UN General Assembly in September

Despite hopes of progress on climate finance for Africa at recent UN negotiations, an impasse emerged at the interim SB60 meeting held in Bonn, Germany from 3 to...

Vol 62 No 16 |

NIGERIA
CLIMATE CHANGE

The oil economy breaks up

5th August 2021

The architects of industry reform bid a long goodbye to oil and welcome the brave new world of gas for all

Energy companies, trades unions and politicians are beginning to get to grips with the prospect of wide-ranging reform of the oil and gas industry, the foundation of the...

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