Expert: Energy transition investments should be directed specifically to Africa

Expert: Energy transition investments should be directed specifically to Africa Africa, home to 20% of the world's population, has only a 2% share in global renewable energy investments, and this inequality needs to be addressed, Fadhel Kaboub, a senior advisor with Power Shift Africa - an environmental organization operating in Keny
COP29
November 18, 2024 11:08
Expert: Energy transition investments should be directed specifically to Africa

Africa, home to 20% of the world's population, has only a 2% share in global renewable energy investments, and this inequality needs to be addressed, Fadhel Kaboub, a senior advisor with Power Shift Africa - an environmental organization operating in Kenya, associate professor at Denison University in the US, and president of the Global Institute for Sustainable Prosperity, told Report.

Kaboub is in Baku to attend COP29.

According to Kaboub, although the African continent has great potential in terms of solar and other renewable energy sources, it remains outside the global energy transition.

He added that expanding the continent's energy capabilities should be targeted within the framework of Sustainable Development Goal 7 (SDG7) to provide everyone with modern and sustainable energy: "If we want to make real changes in the global energy transition, investments and support should be directed specifically to the African continent. Africa should lead this process and play a central role in the global energy revolution."

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