Jump to navigation

Vol 64 No 21

Published 19th October 2023

Radical climate finance strategies go mainstream

PREVIEW

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.

Copyright © Africa Confidential 2025
https://www.africa-confidential.com

Prepared for Free Article on 28/11/2025 at 23:45. Authorized users may download, save, and print articles for their own use, but may not further disseminate these articles in their electronic form without express written permission from Africa Confidential / Asempa Limited. Contact subscriptions@africa-confidential.com.

Related Articles

Brussels backs down on forest laws again

The EU’s anti-deforestation laws show how badly drafted climate policy can alienate everyone – farmers, traders and consumers

Chaos surrounds the European Union’s anti-deforestation regulation. Following a series of U-turns and carve outs, the law will not affect African farmers until June 2026, 18 months later...

SPECIAL REPORT: How Vincent Bolloré won control of Ghana's biggest port

French billionaire Vincent Bolloré added Tema to the 15 West African ports he already controlled by ripping off the country, a secret report says. By Andrew Weir

The French ports-to-media conglomerate, Bolloré Africa Logistics, partnered by the Danish shipping giant Maersk's ports arm, APM Terminals, opened a hugely profitable, state-of-the-art container terminal at Ghana's Tema...

READ FOR FREE

Key points from Copenhagen

At the United Nations’ climate change summit in Copenhagen in December 2009, African governments won a victory by stopping attempts by the West to kill off the Kyoto...

ICJ climate ruling opens floodgates for billions in pollution payouts

The UN court’s opinion defining greenhouse gas emissions as ‘internationally wrongful acts’ argues for climate finance to become a legal obligation for the main polluting countries

The ruling by the UN’s top court that countries may be held legally accountable for their greenhouse gas emissions and the environmental damage they cause could help reshape...


Stories by country

Footer Map