Advertisement

Climate Facts: Africa requires $25bn annually to ensure energy access for all by 2030, says IEA

field with solar energy panels field with solar energy panels

The complexities of climate change and its associated jargon can prove difficult to digest. TheCable’s quick climate facts will help demystify these concepts through easy-to-understand and straight-to-the-point explanations.

Here are some to keep at the tip of your fingers:

  • The Intergovernmental Panel on Climate Change (IPCC) says about 21–37 percent of total greenhouse gas (GHG) emissions come from the food system — agriculture and land use, storage, transport, packaging, processing, retail, and consumption.
  • A recent report by the International Energy Agency (IAE) says Africa requires an annual investment of nearly $25 billion to ensure energy access for all by 2030. 
  • The agency said to achieve energy development and climate goals in Africa, it requires a clean energy investment of more than double $90 billion by 2030. 
  • A new report by ActionAid International says an average of US$677 billion in public finance is directed toward climate-destructive sectors each year.
  • The report said the wrong finance flow deprives crucial social sectors like education, a substantial amount that could fund schooling for all sub-Saharan African children 3.5 times over.



Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.