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Can carbon markets solve Africa's climate finance woes? - Vimarsana News

Can carbon markets solve Africa's climate finance woes?

At the COP28 climate summit set to be held in the oil-rich United Arab Emirates later this month, carbon markets are sure to be high on the agenda. And some African leaders are hoping to capitalize. The Africa Carbon Markets Initiative (ACMI), a consortium of Global North donors, corporate representatives, conservation groups, and energy lobbyists, […]

How Climate Investors Can Help Accelerate Energy Access in Africa - The Rockefeller Foundation - Vimarsana News

How Climate Investors Can Help Accelerate Energy Access in Africa - The Rockefeller Foundation

The Rockefeller Foundation Updates 790 million people across the globe who live without electricity and 2 billion people who are denied reliable, affordable power. $200 billion opportunity for climate-first funders to avoid 626 million tonnes CO2 & deliver universal energy access in Africa by 2030. The climate crisis is the world’s greatest existential threat – but the race to reduce CO2 emissions and achieve global net zero is often perceived as at odds with the scale of economic growth needed to tackle poverty in emerging markets. Robust research now disproves this tension. A recent stu...