Why Africa could be the next green energy powerhouse by Vic Motune
The continent’s natural resources could help it take advantage of an untapped market worth $1 trillion and see it become a major player in the global energy market says a new report
According to a new report by the European Investment Bank , Africa has vast potential to become a climate-resilient and low-carbon continent, with prospects for attracting international investment in areas such as climate-resilient infrastructure, and climate-smart agriculture.
Experts have said that although it has only 15 per cent of the world’s population Africa may end up footing the bill for nearly half of the estimated global adaptation costs due to climate change. The report said that green hydrogen has the potential to generate new jobs, mitigate the effects of climate change and help secure global energy supplies which would help countries around the world become more resilient to energy shortages.
Belgique Dernières Nouvelles, Belgique Actualités
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