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Women sell fufu at market in Abuja, Nigeria. ©IFPRI/Milo Mitchell, Flickr (CC BY-NC-ND 2.0 DEED)

Despite having 60% of the world’s solar resources the continent has less than 2% of the world’s investment in renewable energy. At COP27, there were calls to expand African gas, risking locking in high emissions, burdening their economies with stranded assets, and potentially losing out on major economic opportunities to invest in renewable energy and green hydrogen.

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1.5°C national pathways for Africa: opportunities for sustainable development
To help better understand the implications of the 1.5°C goal for government targets and strategies, Climate Analytics has developed a new webtool using IPCC 1.5°C compatible pathways in combination with more recent lines of scientific evidence, to show how countries can align their decarbonisation trajectories with the Paris Agreement. In this webinar we will present this analysis using Egypt, Kenya, Nigeria, Senegal and South Africa as case studies. We are also delighted to be joined by guest speaker Saliem Fakir, Executive Director of the African Climate Foundation.

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Africa Needs $100 Billion a Year to Meet Renewable Energy Goal

Sub-Saharan Africa would need to boost investments from $20 billion in 2023 to $100 billion a year by 2030 to contribute to the COP28 goal of tripling renewable energy installations by 2030.

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