Weak climate targets mean UK banks risk missing out on Africa's renewables boom
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Weak climate targets mean UK banks risk missing out on Africa's renewables boom
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"Rapidly falling costs for solar, wind and battery technologies propelled by large-scale, low-cost manufacturing in China have accelerated the decarbonisation of electricity systems worldwide. This shift is now extending to Africa, a region that has historically struggled to attract investment because of perceived risks. In recent years, private sector investment in clean energy in Africa soared, more than doubling from $17bn (13bn) in 2019 to $40bn (29bn) in 2024, according to the International Energy Agency."
The Independent covers reproductive rights, climate change and Big Tech while investigating financial links such as Elon Musk's pro-Trump PAC and producing the documentary 'The A Word' about American women fighting for reproductive rights. The outlet emphasizes sending journalists to report from the ground and parsing facts from messaging, funded by donations and offering free access without paywalls. Falling costs for solar, wind and batteries driven by large-scale manufacturing in China have accelerated decarbonisation and extended opportunities to Africa. Private clean-energy investment in Africa more than doubled from $17bn in 2019 to $40bn in 2024, and African countries hold 60% of global solar potential while over 600 million people still lack electricity.
Read at www.independent.co.uk
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