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02 06 2022 | 10:14

Sunak’s UK oil subsidy could have insulated 2m homes, says thinktank

Billions of pounds given away in a tax break for UK oil and gas exploitation could have permanently cut the energy bills of 2m homes by £342 a year if invested in insulation measures, according to a…

02 06 2022 | 10:09

Analysis: Banks hold $681 billion of potentially stranded fossil assets

Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries.

02 06 2022 | 10:05

G7 nations pledge to end coal but do not commit to exit by 2030

Ministers from the world's richest democracies agreed on Friday to work to phase out coal-powered energy, although they failed to set a date for doing so, and said the energy crunch brought on by…

02 06 2022 | 10:03

The village that stood up to big oil – and won

On 10 October 2004, Eric Dooh received an urgent call from one of his father’s employees: the waterway surrounding their houses was running black with oil. Near the outskirts of Dooh’s village of Goi…

01 06 2022 | 17:51

IEEFA: India's renewable energy journey: Two steps forward, one step back

Renewable energy now forms a quarter of India’s total installed power capacity – 110 gigawatts (GW) as of March 2022 – and accounts for 13% of the country’s electricity generation. Under the 2015…

01 06 2022 | 17:31

These 6 countries have the highest unemployment rates in Africa

Business Insider Africa presents 6 African countries with the highest unemployment rates. Unemployment is a menace across Africa, and some sources have described it as a global concern. A common…

01 06 2022 | 17:27

Extinction Rebellion disrupt Africa Oil Conference in Mayfair

On Tuesday May 17 at around 8am, a coalition of groups including Extinction Rebellion Africa, Sustaining the Wild Coast, StopEACOP, Africans Rising, The Green Connection, Oceans Not Oil, Jubilee for…

01 06 2022 | 17:18

Boost for Africa as ten cities sign agreement to improve air quality

Ten mayors and governors of ten major African cities made an ambitious commitment to improve air quality by signing the C40 Clean Air Cities Declaration. Clean Air Cities Declaration is a commitment…

01 06 2022 | 17:14

US seeks African partnerships on climate change, health

The US is seeking to create more “mutually beneficial” partnerships with African countries in addressing climate change, health and economic growth, US Under Secretary of State for Economic Growth,…

01 06 2022 | 17:03

IEEFA: Guyana is paying for oil costs 20 years in the future, with no guarantees that money will be there when needed

Two analyses identify loopholes in Guyana contract to benefit ExxonMobil and partners May 24, 2022 (IEEFA) – Guyana government officials face a decision on a request from ExxonMobil to renew an…

01 06 2022 | 16:58

IEEFA: ExxonMobil benefits from loophole requiring Guyana to pay for costs of decommissioning wells

New report shows ExxonMobil will receive $3.2 billion for decommissioning costs May 26, 2022 (IEEFA) – ExxonMobil is going against industry standards in Guyana by receiving $3.2 billion for…

01 06 2022 | 16:55

At Greening the Islands Observatory meeting priority solutions are identified for Gozo as it aims towards reaching carbon neutrality by 2030

Global experts, local stakeholders and community establish a task force for Gozo to implement the island’s sustainable transition, coordinated by GRDA with GTI support

01 06 2022 | 10:04

EGYPT: CBE lends $162m to ABE for modern irrigation in 2 governorates

The Central Bank of Egypt (CBE) is providing a loan of 3 billion Egyptian pounds (over $162 million) to the Agricultural Bank of Egypt (ABE). With this financing, the ABE will support modern…

01 06 2022 | 10:04

Uganda one step closer to nuclear power plant

The International Atomic Energy Agency (IAEA) has submitted its final report to the government of Uganda meaning the country is one step closer to realising its nuclear power goals. The IAEA…

01 06 2022 | 09:59

AFRICA: in 7 years, REPP has financed access to electricity for one million people

The Renewable Energy Performance Platform (REPP) has reached the milestone of one million people electrified through its funding in Africa. The UK government-funded initiative invests mainly in green…

01 06 2022 | 09:56

Kenya on course to achieving 100% clean energy by 2030

The government in Kenya is hopeful it will reach 100% clean energy by 2030 according to their Energy Principal Secretary. With the government increasing access to clean, reliable and affordable…

01 06 2022 | 09:51

Africa accounts for 70% of the world’s $1 trillion mobile money market

Africa now accounts for 70% of the world’s $1 trillion mobile money value. The value of Africa’s mobile money transactions edged up 39% to $701.4 billion in 2021 from $495 billion in 2020,…

01 06 2022 | 09:48

AFRICA: UN plan to accelerate access to clean energy by 2025

The United Nations (UN) has announced a new plan to accelerate the transition to renewable energy in the least developed countries, particularly in Africa. The organization intends to catalyze the…

01 06 2022 | 09:45

COP15: Economic interests behind massive deforestation in Ivory Coast

While agriculture accounts for at least 25% of gross domestic product (GDP) and 75% of exports in Ivory Coast, this sector is also one of the main drivers of deforestation in this West African…

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