The path to energy transition in Africa looks very different than in the developed world. We will discuss what a successful energy transition means for Africa. We will also explore the role technology, finance, and collaboration have in making that vision a reality.
Companies working in the Global South face the significant challenge of developing domestic resources to meet growing needs for affordable and accessible energy in a world that is pressing to decarbonize the global energy system. This raises challenges to accessing the international financing, partnerships, technology and support often needed to successfully execute projects.How is this impacting developing countries’ ability to develop their oil & gas resources and generate income for economic development? What alternative investment models could help ensure a “just” transition? Can international partnerships broaden from fossil fuels to include mineral resources for the energy transition or toward renewables?
Long-term scenarios for global energy demand, energy supply and GHG emissions provide important tools for policymakers, companies and investors alike. While scenarios have been used since the 1970s, their role has never been more critical, or more contentious. And the variations across scenarios have never been more pronounced due to major uncertainties in future climate policy actions and the pace of clean energy technology development and deployment. Furthermore, fault lines in the global consensus are appearing as countries in the “Global South” prioritize energy access and economic development and are keen to develop indigenous fossil fuel resources. Are current scenarios fit for purpose? Do they adequately capture the complexities and trade-offs of a multidimensional energy transition? What should be the key characteristics of any new scenarios?