Zero
How to Fix Climate Finance in Africa
“Energy access is becoming an exclusively African issue,” warns Rebekah Shirley, director of research, data and innovation at the World Resources Institute Africa, on Episode 16 of Zero.
Wind turbines operate at the Gouda wind power facility in South Africa.
Photographer: Dwayne Senior/BloombergThis article is for subscribers only.
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The African continent has the fastest growing population in the world, and needs resources to fund both its basic energy needs and a transition to clean energy. And yet, Africa attracts just a tiny fraction of climate funding: According to BloombergNEF, less than 1% of global renewable spending goes to the continent, even as it represents 7% of the global economy.