Vol 64 No 21

Published 19th October 2023

Radical climate finance strategies go mainstream

13 Oct 2023

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.

Prepared for Free Article on 25/07/2026 at 20:58. 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.

Vol 64 No 22 |

CLIMATE CHANGE
SPECIAL REPORT

Fight over control of loss and damage fund dominates pre-summit talks

31st October 2023

Key questions are whether the World Bank or the UN will control the new fund – and the cost of its loans | Special Report by Tim Concannon

The schism between the west and developing economies over compensation for the damage caused by climate change is dominating preparatory talks ahead of the UN COP28 Climate summit...

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Vol 66 No 14 |

Bonn summit exposes rifts and inertia on climate action

8th July 2025

Geopolitical rivalries are sinking the UN treaty to cut carbon emissions and protect developing economies ahead of the Brazil summit in November

The UN’s preparatory climate summit in Bonn from 16-26 June offered a grim portent of what may happen in the main event – the UN COP30 climate summit...

Vol 62 No 4 |

NIGERIA
CLIMATE CHANGE

Shell retreats from the Delta

18th February 2021

The Anglo-Dutch giant is losing its battle to fight off international lawsuits over pollution

Shell is retreating from onshore oilfields in the Niger Delta under a cloud, facing lawsuits, recriminations and so far failing to deal with some of the most serious...

Vol 65 No 7 |

Anger as Geneva wins Fund fight

28th March 2024

African officials and climate activists want to reverse the decision to host the Loss and Damage advisory network in Geneva instead of Nairobi. They met in Lilongwe, Malawi,...

Vol 62 No 4 |

Green tax blow to Africa

18th February 2021

The EU's €1 trillion Green Deal project sits at the heart of Ursula von der Leyen's European Commission Presidency, but the bloc wants to export its climate change...

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