'Inflection point': How Africa's low carbon transition could emerge as the 'growth story of the 21st century'

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

New analysis claims huge increase in climate finance tailored for African nations is urgently needed to accelerate green energy transition and hit 2030 climate goals

New research from the University of Cambridge Institute for Sustainability Leadership (CISL) has warned Africa's ambitious climate commitments are underfunded to the tune of approximately $1.8tr, putting...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

COP30 will redefine forest finance - here's what companies need to know

COP30 will redefine forest finance - here's what companies need to know

For companies, forests are now a test of whether climate ambition can be delivered credibly at scale, writes Keith Tuffley from the Race to Belém

Keith Tuffley, the Race to Belém
clock 07 November 2025 • 4 min read
'More like a retreat than a recalibration': HSBC accused of weakening 2030 climate goals

'More like a retreat than a recalibration': HSBC accused of weakening 2030 climate goals

Banking giant updates targets for financed emissions, citing 'evolving context' and 'inconsistent pace' of net zero transition

Stuart Stone
clock 07 November 2025 • 6 min read
COP30: Baku to Belém Roadmap sets out route towards $1.3tr climate finance goal

COP30: Baku to Belém Roadmap sets out route towards $1.3tr climate finance goal

More than 200 governments, banks, businesses, and communities back 'paradigm shift' to better align public and private finance in support of funding pledges made in Baku

Stuart Stone
clock 05 November 2025 • 4 min read