Focusing solely on green energy finance could be detrimental / alienating to developing countries
By Hicbd
Mon Sep 11 2023 9:09 am
"This stands to forestall Africa’s attempts to rise out of poverty, which require reliable energy. African manufacturing will struggle to attract investment and therefore to create jobs without consistent energy sources. Agriculture will suffer if the continent can’t use natural gas to create synthetic fertilizer or to power efficient freight transportation...A better solution is for Africa to move slowly toward a variety of reliable green energy sources...All this will take time, meaning Africa will have to use fossil fuels as it makes the transition. Natural gas is a greener option that will help the continent reduce emissions even as it grows, as developed nations have done themselves."
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