Jump to navigation

Vol 64 No 21

Published 19th October 2023


Radical climate finance strategies go mainstream

Leaders of the IMF and World Bank back carbon taxes and a plan to end fossil fuel subsidies | Special Report by Tim Concannon

Welcome to the first in our series of special reports in the run-up to the UN COP28 Climate Summit in Dubai opening on 30 November.

Africa Confidential's Environment Editor Tim Concannon will explain and analyse the key issues at stake in Dubai and how African governments, companies and regional institutions are approaching the negotiations. Much of the focus in Dubai will be on climate finance.

Our first report in the series examines how the IMF and World Bank are changing policy on climate finance, boosting lending and calling for carbon taxes and the ending of fossil fuel subsidies.

For a detailed analysis of these shifts, read this Special Report here: Radical climate finance strategies go mainstream.



Related Articles

High stakes but low ambitions at Baku’s geopolitical climate summit

Africa’s bargaining chips at COP29 are ‘green ores’, and trading its forests, grasslands and shorelines as carbon sinks

After a year of weather disasters and the hottest average temperatures on record, cash will dominate negotiations at the UN Conference of the Parties (COP29) climate summit from...


Stalemate on climate finance talks irks African negotiators

After technical negotiations over green transition funds in Bonn hit a deadlock, talks are to resume at the UN General Assembly in September

Despite hopes of progress on climate finance for Africa at recent UN negotiations, an impasse emerged at the interim SB60 meeting held in Bonn, Germany from 3 to...


Climate of scepticism

Expectations are low ahead of next week's COP27 climate change summit in Sharm el Sheikh. Although the African Union common position has moved away from an early draft...


President Bio keeps cocaine lord in the family

One of Europe’s most wanted criminals is the partner of one of the President’s daughters and has transferred his operations to Freetown. An Africa Confidential Special Report By Josef Skrdlik and Andrew Weir

Sierra Leone has been in a state of shock ever since one of Freetown’s most astonishing urban myths was confirmed as fact – that one of Europe’s most...

READ FOR FREE

The oil economy breaks up

The architects of industry reform bid a long goodbye to oil and welcome the brave new world of gas for all

Energy companies, trades unions and politicians are beginning to get to grips with the prospect of wide-ranging reform of the oil and gas industry, the foundation of the...