Every year, in a well-choreographed succession of international summits, climate negotiators spend valuable political capital wrangling about the billions and trillions needed globally to finance the energy transition. But even if all these summits results in statements about the “allocation” of billions of new climate finance commitments – which are always welcome – this discussion may distract from a more pressing need: project financing. Financing projects is boring. It does not produce attention-grabbing headlines, nor does it go viral on social media. Yet, if we are to tackle climate change,...Read More
What does a just energy transition mean for the world’s least developed countries where energy access, especially in rural areas, is a priority for national development? Last week, a Just Energy Transition Partnership (JETP) between Senegal, France, Germany, and the EU was announced at the Summit for a New Global Financial Pact in Paris. This means Senegal’s...Read More