Rising interest rates are casting a shadow over the booming renewable energy sector. Analysts warn that higher borrowing costs could slow the transition to clean energy sources, jeopardizing international climate …
fossil fuels
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Plans are underway to launch a new Africa Energy Bank this year, signaling a strategic focus on fossil fuel investment across the continent. The initiative comes amid growing demand for …
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The European Union (EU) has reached a compromise to quit a controversial energy treaty that could hamper its climate goals. The EU will first support reforms to the treaty, which …
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Oil and gas giants are paying out more money than ever to shareholders, but that’s not enough to restore their appeal in a world shifting to cleaner energy sources. The …
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Energy TransitionIn the News
African Scientists and Youth Urge Leaders to Reject Fossil Fuels at COP28
A group of nearly 50 scientists and over 2000 youth from 30 African countries have written an open letter to African heads of state and governments, urging them to reject …