$3B Renewables Fund for Africa; Financing Transition from Fossil Fuels to Renewables
Ex-French minister aims to launch $3 billion renewables fund for Africa. France’s former energy minister hopes to raise $3 billion from Western donors by next year to help cash-strapped African nations fund renewable energy projects, in a bid to tackle pollution and spur development.
How to Finance the Global Transition from Fossil Fuels to Renewable Energy. The question of how to finance a global transition from fossil fuels to clean energy is perhaps the most critical and difficult issue in the upcoming United Nations climate negotiations that will take place in Paris, starting in late November. Three contentious issues are on the table.
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