Friday, June 5, 2015

Africa:

Boost Investment in Africa’s Energy For a Triple Win For People, Power and Planet, Annan Report Urges (Africa Progress Panel)

The Report urges African governments to harness vast untapped renewable energy potential


African governments, investors, and international financial institutions must significantly scale up investment in energy to unlock Africa’s potential as a global low-carbon superpower.

That is the main message of a new report from Kofi Annan’s Africa Progress Panel, Power, People, Planet: Seizing Africa’s Energy and Climate Opportunities.

The report calls for a ten-fold increase in power generation to provide all Africans with access to electricity by 2030. This would reduce poverty and inequality, boost growth, and provide the climate leadership that is sorely missing at the international level.

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