Jump to navigation

Vol 64 No 21

Published 19th October 2023

Radical climate finance strategies go mainstream

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.

Copyright © Africa Confidential 2025
https://www.africa-confidential.com

Prepared for Free Article on 02/04/2025 at 06:09. 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.

Related Articles

Adding up the real costs of the energy transition

To achieve net zero emissions by 2050 will mean clean energy investments of $1-2 trillion a year in developing economies

After a frustrating lack of progress on finance and mapping out a 'just transition' to renewable energy at the COP26 climate summit last month, African officials are preparing...

READ FOR FREE

Shell retreats from the Delta

The Anglo-Dutch giant is losing its battle to fight off international lawsuits over pollution

Shell is retreating from onshore oilfields in the Niger Delta under a cloud, facing lawsuits, recriminations and so far failing to deal with some of the most serious...

Who will fund the new fund?

With two months until the November deadline set at last year's COP climate change summit for the 'loss and damage' fund compensating victims of climate change to be...


Stories by country

Footer Map