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 2024
https://www.africa-confidential.com

Prepared for Free Article on 15/10/2024 at 07:11. 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

Finance and energy access come first

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 g...

The oil economy breaks up

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 country's ...

SPECIAL REPORT: How Vincent Bolloré came to dominate business in Togo – using money, media and merchandise

Africa Confidential presents a Special Report on the Breton tycoon’s growing influence in Africa. Far from quitting the continent, Vincent Bolloré’s business and political interests in Africa are deepening – even as he faces trial in Paris for grand corruption in league with two West African leaders. By Andrew Weir and Nicolas Vescovacci

Billionaire Vincent Bolloré, who has built up monopoly control over some of the biggest container terminals in Africa, is heading back to the French courts with two of his to...

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 pollution on t...


Stories by country

Footer Map