African Nations Request to Use Fossil Fuel Resources to Better their Economies
African countries at COP30 say a lack of climate finance to speed the transition to renewable energy means they should be given more leeway to use their fossil fuel resources to benefit their people.
As support grows at the climate talks in Belém for a global roadmap on transitioning away from fossil fuels, championed by Brazil’s president and environment minister, leaders and officials from Nigeria, Ghana and Mozambique have said African nations should be allowed to keep using their fossil fuel resources to develop their economies.
Africa receives less than 2% of international clean energy investment, and badly needs funding to help increase access to power supplies, which some 600 million people still lack, according to the International Energy Agency (IEA).
African countries at COP30 say a lack of climate finance to speed the transition to renewable energy means they should be given more leeway to use their fossil fuel resources to benefit their people.
As support grows at the climate talks in Belém for a global roadmap on transitioning away from fossil fuels, championed by Brazil’s president and environment minister, leaders and officials from Nigeria, Ghana and Mozambique have said African nations should be allowed to keep using their fossil fuel resources to develop their economies.
Africa receives less than 2% of international clean energy investment, and badly needs funding to help increase access to power supplies, which some 600 million people still lack, according to the International Energy Agency (IEA).
African countries at COP30 say a lack of climate finance to speed the transition to renewable energy means they should be given more leeway to use their fossil fuel resources to benefit their people.
As support grows at the climate talks in Belém for a global roadmap on transitioning away from fossil fuels, championed by Brazil’s president and environment minister, leaders and officials from Nigeria, Ghana and Mozambique have said African nations should be allowed to keep using their fossil fuel resources to develop their economies.
Africa receives less than 2% of international clean energy investment, and badly needs funding to help increase access to power supplies, which some 600 million people still lack, according to the International Energy Agency (IEA).
African countries at COP30 say a lack of climate finance to speed the transition to renewable energy means they should be given more leeway to use their fossil fuel resources to benefit their people.
As support grows at the climate talks in Belém for a global roadmap on transitioning away from fossil fuels, championed by Brazil’s president and environment minister, leaders and officials from Nigeria, Ghana and Mozambique have said African nations should be allowed to keep using their fossil fuel resources to develop their economies.
Africa receives less than 2% of international clean energy investment, and badly needs funding to help increase access to power supplies, which some 600 million people still lack, according to the International Energy Agency (IEA).
Carlos Lopes, COP30’s special envoy for Africa, told Climate Home News that while the priority is still for Africa to transition as quickly as possible to renewables, “if the funding is not coming, Africans have to be pragmatic and will have to use any possibilities to enhance their development”.
“Africans are basically trapped not because of infrastructure but because of the financing schemes that are not allowing them to move as fast as they should wish for the new form of economy,” Lopes said, adding that too much global finance was going into fossil fuels rather than renewables.
Climate Home News.
