David Elliott
July 19, 2024
Researchers in Rwanda and Germany aimed to assess Africa's full potential for renewable energy. They created the Renewable Power Plant Database Africa, the first of its kind, compiling data on existing and planned hydro, wind, and solar energy sources.
The analysis revealed that 76% of Africa's electricity needs could be met by renewables by 2040, with hydropower being the dominant source at 82%. Interestingly, some countries like Nigeria and Zimbabwe have the potential to completely eliminate their reliance on fossil fuels.
Despite this potential, 600 million Africans lack electricity. Collaboration is key - African nations need to share electricity, data, and knowledge while considering the impact on affected communities.
Reaching net zero by 2050 requires a significant increase in clean energy investments. The World Economic Forum's initiative, "Mobilizing Investment for Clean Energy in Emerging Economies," aims to address this challenge by scaling up clean energy finance in emerging markets.
The "Clean Power, Grids and Electrification" program further fosters collaboration between businesses, governments, and civil society to responsibly triple clean power deployment by 2030.
David Elliott
July 19, 2024
Tariq Malik and Prerna Saxena
July 12, 2024
Ange Chitate
July 10, 2024
Ratnesh Bedi, Asheesh Sastry and Toong-Yuen Chong
July 3, 2024
Why Asia’s time is now: what's fueling Asian growth and what does it mean for the rest of the world?
Neeraj Aggarwal and Aparna Bharadwaj
June 24, 2024