Vol 64 No 21

Published 19th October 2023

Radical climate finance strategies go mainstream

13 Oct 2023

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 27/11/2025 at 15:43. 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 63 No 22 |

CLIMATE CHANGE
COP27

Climate of scepticism

3rd November 2022

Expectations are low ahead of next week's COP27 climate change summit in Sharm el Sheikh. Although the African Union common position has moved away from an early draft...

Vol 64 No 22 |

CLIMATE CHANGE
SPECIAL REPORT

Fight over control of loss and damage fund dominates pre-summit talks

31st October 2023

Key questions are whether the World Bank or the UN will control the new fund – and the cost of its loans | Special Report by Tim Concannon

The schism between the west and developing economies over compensation for the damage caused by climate change is dominating preparatory talks ahead of the UN COP28 Climate summit...

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Vol 61 No 13 |

NIGERIA
CLIMATE CHANGE

Back to the scene of the crime

25th June 2020

A plan to restart oil production in Ogoniland amid a failing environmental clean-up risks repeating all the mistakes of 25 years ago

This week lawyers for the 40,000 people in the Ogale and Bille communities in the Niger Delta have been pressing their case in London's Supreme Court to hold...

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Vol 65 No 9 |

Brussels refuses to delay deforestation law, hitting Africa's cocoa and coffee farmers

17th April 2024

New EU rules banning produce sourced from deforested areas start in January and risk wrecking Ethiopia's coffee trade

Pressure is mounting on the European Commission to postpone the start-up of its tough rules blocking products sourced from deforested areas, including cattle, cocoa, coffee, palm oil,...

Vol 66 No 22 |

Brussels backs down on forest laws again

29th October 2025

The EU’s anti-deforestation laws show how badly drafted climate policy can alienate everyone – farmers, traders and consumers

Chaos surrounds the European Union’s anti-deforestation regulation. Following a series of U-turns and carve outs, the law will not affect African farmers until June 2026, 18 months later...

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