Supporting a Just Energy Transition through Alternative Funding Strategies for African Hydrocarbon Developments

Payne institute ESG Research Associate Baba Freeman writes about how Africa contains significant amounts of hydrocarbon reserves that contribute extensively to state revenue and facilitate social and economic development. The growth prospects for these African countries are however under threat as international financial institutions reduce their funding for hydrocarbon developments in response to global warming and its adverse effects.  The paper reemphasize the importance of hydrocarbon resources to African development and present alternative funding strategies that can minimize disruptions to growth and are consistent with notions of a just energy transition.  October 19, 2022.