The next global crisis: Africa’s renewable energy financing gap

IF 3.5 3区 环境科学与生态学 Q1 DEVELOPMENT STUDIES Climate and Development Pub Date : 2022-09-11 DOI:10.1080/17565529.2022.2113022
Michael Olabisi, R. Richardson, A. Adelaja
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引用次数: 1

Abstract

ABSTRACT Energy consumption across the African continent is expected to increase sharply in the next two decades, largely due to population growth, urbanization, and rising incomes. Much of the energy consumption is in the form of wood biomass, kerosene, and diesel. Africa’s energy demand trajectory points to a future scenario where its contribution to global greenhouse gas emissions will threaten global sustainability. Furthermore, existing supply capacity is unlikely to meet the rising demand for energy. Africa’s transition to renewable energy is needed to balance future energy supply and demand with climate-related externalities. A key barrier to this solution is Africa’s energy finance gap, which calls for a concerted effort by investors in Africa’s energy markets and governments, as well as global development partners. We highlight the direct link between Africa’s energy finance gap and the long-run scenario for the global climate crisis.
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下一个全球危机:非洲可再生能源融资缺口
摘要非洲大陆的能源消耗预计将在未来二十年急剧增加,这主要是由于人口增长、城市化和收入增加。大部分能源消耗以木材生物质、煤油和柴油的形式存在。非洲的能源需求轨迹表明,未来非洲对全球温室气体排放的贡献将威胁全球可持续性。此外,现有的供应能力不太可能满足日益增长的能源需求。非洲需要向可再生能源过渡,以平衡未来能源供需与气候相关的外部因素。这一解决方案的一个关键障碍是非洲的能源融资缺口,这需要非洲能源市场和政府的投资者以及全球发展伙伴共同努力。我们强调了非洲能源融资缺口与全球气候危机长期情景之间的直接联系。
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CiteScore
8.90
自引率
4.70%
发文量
66
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