Key African nations set off on energy and emissions growth paths


A view of a logo of the COP27 climate summit in Sharm el-Sheikh, Egypt. The combination of a planned expansion in fossil fuel use and increased economic momentum and will raise fears among climate trackers that the region is set to accelerate pollution levels that may undermine climate change targets. – Reuters

AFRICAN nations made clear at last week’s United Nations climate summit that the region would develop its fossil fuel resources to alleviate fuel shortages, help lift local populations out of poverty and spur vital economic growth.

Africa’s electricity consumption growth since 2017 was second only to top power consumer Asia, according to Enerdata, and is home to several countries that are expected to see favourable demographic changes and robust economic growth this decade, including Egypt, host of the latest COP27 climate talks.This combination of a planned expansion in fossil fuel use and increased economic momentum and will raise fears among climate trackers that the region is set to accelerate pollution levels that may undermine climate change targets.Yet the extent of any actual emissions increase will depend greatly on the source of power used to generate electricity in each country.In 2021, Africa as a whole generated 39% of its electricity from gas, 29% from coal, 8% from other fossil fuels, 17% from hydro, and 4% from renewable sources, according to data from Ember.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Africa , COP27 , fossilfuel , shortages , climate , coal

   

Next In Business News

Inari Amertron expects continued demand for advanced semiconductor packaging
LGMS to double workforce due to growing cybersecurity demand
Ringgit rises as Fed minutes signal US interest rate cuts ahead
Tropicana posts RM877.8mil revenue in 9M
Magma posts net loss of RM2.89mil on one-off costs in 3Q
FGV's earnings bolstered by plantations division in 3Q
Bursa Malaysia ends higher as utility stocks rally
IJM Corp expects more resilient outlook across segments
Leon Fuat posts net profit of RM12.41mil in 9MFY24
MRCB records jump in 3Q net profit to RM8.86mil

Others Also Read