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From Baku To The Amazon: Eyes On COP30 As COP29 Disappoints
The meeting’s theme was “In Solidarity for a Green World,” and culminated with the adoption of an agreement that brought incremental progress in climate finance and mitigation goals.
- Categories
- Energy, Environment
- Region
- Global
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Business Seeks Details in Face of Mixed COP29 Climate Messages
While private sector investment was teased throughout the summit - including in a multilateral development bank pledge to mobilise $65 billion of it each year - the devil will be in the details.
- Categories
- Energy, Environment
- Region
- Global
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Analysis: COP29 Outcomes: Reversal of Hard-Won Gains Creates an Opportunity for the Private Sector to Step up and Lead
While some progress was made at COP29, this year’s COP is viewed as a reversal in ambition, as there was no agreement on phasing out of fossil fuels, and the new climate finance goal of USD 300 billion annually by 2035, is viewed as largely inadequate.
- Categories
- Energy, Environment
- Region
- Global
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TotalEnergies Pauses Investments in India’s Adani Group After Bribery Charges
The crisis is the second in two years to hit the Adani group, which was last year accused by short seller Hindenburg Research of improperly using offshore tax havens. The company denied those claims.
- Categories
- Energy
- Region
- Global
- Tags
- governance, regulations, solar
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Viewpoint: Smart Gamble or Foolish Risk? The Case for and Against Nuclear in Africa
Nuclear energy is low carbon, high intensity and consistent, but also expensive, hazardous, and perhaps simply unnecessary.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia
Bitcoin mining is an energy-intensive process, which makes countries with abundant, affordable electricity eye-watering prospects for investors.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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EAAIF, FMO and DEG Provide EUR 84 Million to Axian Energy to Finance a 60MW Solar Energy and 72MWH Energy Storage System in Senegal
The critical technology supports the integration of more renewable energy capacity into the power supply, helping Senegal to achieve its ambition of reaching 40% renewable energy capacity by 2030.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa