Berliner Boersenzeitung - Climate: Africa's energy future on a knife's edge

EUR -
AED 3.846458
AFN 71.211176
ALL 97.412843
AMD 406.811894
ANG 1.887241
AOA 956.640935
ARS 1051.428592
AUD 1.608171
AWG 1.887622
AZN 1.787721
BAM 1.94682
BBD 2.114156
BDT 125.138011
BGN 1.955509
BHD 0.394704
BIF 3034.333258
BMD 1.047225
BND 1.407209
BOB 7.235625
BRL 6.090347
BSD 1.047075
BTN 88.4754
BWP 14.296058
BYN 3.427092
BYR 20525.602023
BZD 2.110863
CAD 1.463847
CDF 3005.534618
CHF 0.928583
CLF 0.03695
CLP 1019.567969
CNY 7.576459
CNH 7.597437
COP 4597.630131
CRC 532.296452
CUC 1.047225
CUP 27.751452
CVE 110.613091
CZK 25.354142
DJF 186.112546
DKK 7.458821
DOP 63.25565
DZD 139.901282
EGP 52.012714
ERN 15.708369
ETB 129.23088
FJD 2.379611
FKP 0.826592
GBP 0.831973
GEL 2.853676
GGP 0.826592
GHS 16.598349
GIP 0.826592
GMD 74.352935
GNF 9037.548191
GTQ 8.083713
GYD 219.089433
HKD 8.150638
HNL 26.363899
HRK 7.470124
HTG 137.485836
HUF 411.088281
IDR 16675.428446
ILS 3.890063
IMP 0.826592
INR 88.480582
IQD 1372.387829
IRR 44093.391567
ISK 146.108348
JEP 0.826592
JMD 166.302915
JOD 0.742584
JPY 161.458939
KES 135.614106
KGS 90.595555
KHR 4241.259434
KMF 491.829597
KPW 942.501737
KRW 1466.554465
KWD 0.322158
KYD 0.872675
KZT 519.294876
LAK 22997.052059
LBP 93778.962407
LKR 304.684618
LRD 188.762185
LSL 18.965252
LTL 3.092182
LVL 0.633456
LYD 5.115689
MAD 10.486854
MDL 19.069043
MGA 4891.586326
MKD 61.525564
MMK 3401.344628
MNT 3558.469111
MOP 8.394618
MRU 41.799981
MUR 48.593488
MVR 16.179757
MWK 1817.981712
MXN 21.385321
MYR 4.675828
MZN 66.925952
NAD 18.964918
NGN 1774.186923
NIO 38.527419
NOK 11.597222
NPR 141.561038
NZD 1.78822
OMR 0.403194
PAB 1.04717
PEN 3.974207
PGK 4.216653
PHP 61.815578
PKR 291.021899
PLN 4.344987
PYG 8218.776313
QAR 3.812683
RON 4.977038
RSD 116.989628
RUB 106.083365
RWF 1435.744917
SAR 3.931627
SBD 8.750118
SCR 14.091129
SDG 629.903184
SEK 11.589368
SGD 1.409667
SHP 0.826592
SLE 23.651533
SLL 21959.781063
SOS 598.485238
SRD 37.077012
STD 21675.434737
SVC 9.162736
SYP 2631.183058
SZL 18.975788
THB 36.383713
TJS 11.152657
TMT 3.675758
TND 3.301902
TOP 2.452702
TRY 36.169354
TTD 7.108213
TWD 34.046633
TZS 2777.615603
UAH 43.232448
UGX 3869.006119
USD 1.047225
UYU 44.622895
UZS 13488.252609
VES 48.454165
VND 26623.067216
VUV 124.328608
WST 2.923423
XAF 652.945238
XAG 0.034027
XAU 0.000392
XCD 2.830177
XDR 0.798815
XOF 651.373441
XPF 119.331742
YER 261.711912
ZAR 18.966175
ZMK 9426.275251
ZMW 28.876803
ZWL 337.205892
  • RBGPF

    -0.5000

    59.69

    -0.84%

  • RELX

    0.6500

    45.76

    +1.42%

  • NGG

    -0.1700

    63.1

    -0.27%

  • GSK

    0.3500

    33.7

    +1.04%

  • CMSC

    0.1200

    24.64

    +0.49%

  • AZN

    1.0600

    64.26

    +1.65%

  • RYCEF

    0.1800

    6.79

    +2.65%

  • BTI

    -0.1000

    36.98

    -0.27%

  • RIO

    0.1800

    62.57

    +0.29%

  • BP

    0.4400

    29.52

    +1.49%

  • VOD

    -0.1000

    8.84

    -1.13%

  • SCS

    -0.0300

    13.04

    -0.23%

  • BCC

    2.9500

    140.36

    +2.1%

  • BCE

    -0.3200

    26.68

    -1.2%

  • JRI

    0.0000

    13.23

    0%

  • CMSD

    0.1850

    24.445

    +0.76%

Climate: Africa's energy future on a knife's edge
Climate: Africa's energy future on a knife's edge / Photo: STR - AFP

Climate: Africa's energy future on a knife's edge

With more than half its population lacking mains electricity and still using charcoal and other damaging sources for cooking, Africa's energy future –- torn between fossil fuels and renewables -- is up for grabs.

Text size:

As nations discuss the climate crisis at the UN's mid-year negotiations in Bonn, AFP spoke to Mohamed Adow, founder of think tank Power Shift Africa, about the forces pulling the continent in opposing directions.

The stakes, he warns, are global.

Q. You have said rich nations owe the rest of the world a climate debt

"The prosperity they enjoy was, in effect, subsidised by the rest of the world because they polluted without paying the cost for doing so.

"Africa is home to 17 percent of Earth's population but accounts for less than four percent of global greenhouse-gas emissions and only half-a-percent of historic emissions. The continent emits less than 1 tonne of CO2 per person, compared to seven in Europe or China, and more than 15 in the United States.

"If the least-developed continent on our planet is going to leapfrog fossil fuels to renewables, rich nations must pay the climate debt they owe."

Q. How will Africa's energy choices impact the rest of the world?

"My continent is at a crossroads with two possible futures. Africa can become a clean energy leader with decentralised renewables powering a more inclusive society and a greener economy, or it can become a large polluter that is burdened with stranded assets and economic instability.

"We have the opportunity to make a difference for Africa and for the world."

Q. US envoy John Kerry says climate change in Africa could see "hundreds of millions of people looking for a place to live." Is he right?

"Absolutely. It is important to acknowledge that climate-induced migration is a threat. As climate impacts increase, people in Africa -- where almost all agriculture is rain-fed -- will be forcefully displaced from their land.

"In wealthy nations, that is seen mostly as a security issue. But this is a humanitarian disaster in which people are already losing lives, homes and livelihoods.

"The only way to prevent climate-induced migration in the long-run is to reduce carbon pollution at the scale needed."

Q. Is the war in Ukraine affecting energy development in Africa?

"To attain energy security after Russia's invasion, Europe is effectively pushing Africa to pour its limited financial resources into developing its fossil gas extraction and export industry, primarily for consumers in Europe."

"Last month German Chancellor Olaf Scholz, during a three-day tour of Senegal, said his country wants to 'intensively pursue' projects to develop and import Senegal's huge gas reserves. Germany, of course, has been especially dependent on Russian gas.

"So now Europe wants to shackle Africa with new fossil fuel infrastructure that we know will be redundant within a few years, not to mention self-harming for the continent. And lest we forget: gas from Africa will emit the same amount of emissions as gas from Russia."

Q. What is the balance of power in Africa between fossil-fuel interests and those striving to leapfrog to renewables?

"Last month, the Sustainable Energy for All summit in (Rwandan capital) Kigali issued a communique supporting 'Africa in the deployment of gas as a transition fuel'. But only 10 out of 54 African countries signed that statement.

"I think the majority of African nations recognise the tremendous opportunity that renewables present for job creation, innovation, reduced air pollution and sustainable industrialisation. But this majority is a silent majority -- they have not yet leveraged their moral voice to make a case for a cleaner, sustainable Africa.

"There are some leaders. My country, Kenya, is currently powered by 90-percent renewable energy and has set a target of 100 percent by 2030."

Q. The trillions needed to engineer a rapid transition to renewables will not come from public sources alone. How do you mobilise private capital?

"We need to think about long-term investment security in Africa. This is the most expensive continent for securing loans or credit. We need to introduce payment guarantee schemes that are backed by international finance to facilitate safe investment in renewable energy.

"But you still need public money to leverage international investment and finance. We also have to unlock Africa's domestic sources -- public funds, sovereign wealth funds. And then there's debt. If we could swap some foreign debt for the kinds of investment Africa needs, it could make a big difference."

(F.Schuster--BBZ)