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Economy

Home›African Arguments›Category: "Economy" (Page 2)
  • On Day 1 of the talks, COP29 President Mukhtar Babayev (pictured embracing COP28 President Sultan Al Jaber) announced the approval of new carbon market rules. Credit: IISD/ENB | Mike Muzurakis.
    ClimateEconomyTop story

    COP29 opened carbon markets to cowboys when a sheriff is needed

    By Khaled Diab
    December 2, 2024
    Under the new carbon markets framework agreed in Baku, countries face no real repercussions if they fail to abide by the rules. At the ...
    Read More
  • Negotiators from the G-77/China bloc of developing countries huddle during the consultations on the New Collective Quantified Goal (NCQG) on climate finance at COP29. Credit: IISD/ENB | Mike Muzurakis.
    ClimateEconomyTop story

    COP29: Why Africa’s $1.3 trillion climate goal makes perfect sense

    By Joyce Banda
    November 15, 2024
    Global leaders should keep in mind that the benefits of climate financing far outweigh the costs of implementing them.  Climate events can turn on ...
    Read More
  • ClimateEconomyTop story

    Fudged figures, gas, and debt: Digging into MDBs’ “climate finance”

    By Petra Kjell Wright
    November 14, 2024
    Half of all Multilateral Development Banks’ climate finance goes to Europe. Just 4% is grants. We don’t just need more but better climate finance. ...
    Read More
  • At COP29, the UN Secretary General Antonio Gutteres said doubling down on fossil fuels would be "absurd". Credit: Stakeholder Democracy.
    ClimateEconomyTop story

    The real “gift from God”: Why the Africa Energy Bank is a bad idea

    By Samuel Onuigbo
    November 14, 2024
    A coalition of African oil-producers is set to launch a $5bn oil bank. This is not just environmentally but economically misguided. In his address ...
    Read More
  • Credit: Mikko Ollikainen, Head of the Adaptation Fund (second from left), speaks at the predecessor to COP29. Credit: IISD/ENB | Matthew Ten Bruggencate.
    ClimateEconomyTop story

    “Extremely urgent”: An interview with the head of the Adaptation Fund

    By Rishika Pardikar
    November 12, 2024
    With the Global South hoping COP29 can bring progress on the $215-387 bn per year needed for adaptation, we spoke to the head of ...
    Read More
  • At the COP29 climate talks, that run from 11-22 November 2024 in Azerbaijan, negotiators from Africa will be pushing for an ambitious new climate finance target.
    ClimateEconomyTop story

    COP29: Setting a climate finance target is only half the battle for Africa

    By Lily Odarno
    November 11, 2024
    New analysis finds that the average cost of capital for power projects in Africa is triple that of other parts of the world.  For ...
    Read More
  • Nuclear power plant cooling towers at night. Credit: Simon R. Minshall.
    ClimateEconomyTop story

    Smart gamble or foolish risk? The case for and against nuclear in Africa

    By Wafa Misrar
    November 7, 2024
    Nuclear energy is low carbon, high intensity and consistent, but also expensive, hazardous, and perhaps simply unnecessary. As countries in Africa envision their future ...
    Read More
  • LeaderSouth AfricaTop storyTrade

    Harris or Trump? South Africa’s AGOA fate hangs in the balance

    By Erick Kabendera
    November 5, 2024
    Facing Washington’s wrath for her perceived anti-US foreign policy positions may not be as catastrophic as previously imagined.  As Americans vote in the presidential ...
    Read More
  • Congo-KinshasaMININGResearch BlogsTop story

    Children and the Coltan Wars in Eastern Congo

    By Pauline Omboko Shongo
    November 5, 2024
    With at least 40,000 coerced into mining coltan, and several global tech brands directly implicated in funding conflict, pressure needs to bear on stopping ...
    Read More
  • Black Economic Empowerment and AfricanisationTop storyZimbabwe

    Zimbabwe: The rise of the mbingas

    By Mukudzei Madenyika
    October 31, 2024
    Commonly called mbingas for their penchant for luxury, many of Zimbabwe’s richest men and women are vessels for the ruling party’s looting of state ...
    Read More
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