Economy
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COP29 opened carbon markets to cowboys when a sheriff is needed
Under the new carbon markets framework agreed in Baku, countries face no real repercussions if they fail to abide by the rules. At the ... -
COP29: Why Africa’s $1.3 trillion climate goal makes perfect sense
Global leaders should keep in mind that the benefits of climate financing far outweigh the costs of implementing them. Climate events can turn on ... -
Fudged figures, gas, and debt: Digging into MDBs’ “climate finance”
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. ... -
The real “gift from God”: Why the Africa Energy Bank is a bad idea
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 ... -
“Extremely urgent”: An interview with the head of the Adaptation Fund
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 ... -
COP29: Setting a climate finance target is only half the battle for Africa
New analysis finds that the average cost of capital for power projects in Africa is triple that of other parts of the world. For ... -
Smart gamble or foolish risk? The case for and against nuclear in Africa
Nuclear energy is low carbon, high intensity and consistent, but also expensive, hazardous, and perhaps simply unnecessary. As countries in Africa envision their future ... -
Harris or Trump? South Africa’s AGOA fate hangs in the balance
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 ... -
Children and the Coltan Wars in Eastern Congo
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 ... -
Zimbabwe: The rise of the mbingas
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 ...