Discover why financial transparency is vital for the growth of solar mini-grids in Sub-Saharan Africa. This article uncovers the discrepancies in funding reports for solar mini-grid projects and the need for more accurate and consistent tracking of donor funding.
Sub-Saharan Africa's access to flawed yet vital global carbon markets is challenging; initiatives like the Africa Carbon Market aim to refine these markets and spur economic growth. Integrating renewable energy into the evolving Loss and Damage Fund is key for effective climate adaptation in 2024.
In 2024, the demand for green minerals is reshaping global power, highlighting the need for a new Bretton Woods system to ensure sustainable, equitable growth and manage geopolitical and environmental challenges.
Today, French President Emmanuel Macron will host a Summit for a new global financing pact in Paris. Over 100 heads of state, policymakers, and international organizations will convene to discuss financing solutions to respond to global crises, including climate change, development, and biodiversity loss.
In a country where 56 per cent of the population still has little or no access to electricity, achieving universal access in the next couple of years is an ambitious goal. This is, however, exactly what the Ethiopian government hopes to achieve by 2025 through a combination of grid and off-grid based solutions. To ensure this aspiration becomes reality, the country must increase financing for off-grid renewable energy solutions and find ways to boost knowledge and understanding of the sector.
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