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 08/06/2026 at 01:22. 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 65 No 17 |

Freetown’s business school buys $4.5m hole in the bush

22nd August 2024

Sierra Leone University lost US$4.5m of public money to a Nigerian company after red flags were ignored and safeguards overridden. Then, they kept it secret

An Africa Confidential Special Report By Josef Skrdlik and Andrew Weir

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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 65 No 13 |

AFRICA
CLIMATE CHANGE

Bonn talks deadlock on finance

20th June 2024

Despite hopes of progress on climate finance for Africa at recent UN negotiations, an impasse emerged at the interim SB60 meeting held in Bonn from 3 to 13...

Vol 65 No 13 |

KENYA
CLIMATE CHANGE

Calls grow to regulate ballooning carbon credits

17th June 2024

President William Ruto holds up carbon trading as his country’s next big export but climate activists want much tighter controls

By elevating carbon credits to the top of the climate finance agenda President William Ruto has made Kenya a key player on environment policy in Africa. He has...

Vol 63 No 23 |

Delegates haggle in Egypt as the planet burns

17th November 2022

African leaders argued for the continent's fossil fuels at the UN COP27 summit amid fierce debates over energy access and compensation for climate change

That the UN's climate summit in Sharm el Sheikh has been popularised as the 'African COP' owes as much to the strong African focus of the negotiations as...

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