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:1070

Prepared for Free Article on 22/11/2024 at 12:52. 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

Climate of scepticism

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 that emphasi...

Calls grow to regulate ballooning carbon credits

President William Ruto holds up carbon trading as his country’s next big export but climate activists want much tighter controls

By elevating carbon credits to the top of the climate finance agenda President William Ruto has made Kenya a key player on environment policy in Africa. He has won public backing f...

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 for ...

READ FOR FREE

Stories by country

Footer Map