Betting big on natural gas comes with serious risks and tradeoffs, especially as the world moves away from fossil fuels. Hasty, ill-informed decisions could carry hidden costs for countries' development prospects, energy costs and security--and the climate--especially if countries end up locked into dirty, outdated and high-priced domestic energy systems.
Le potentiel énergétique de l’Afrique du Nord dépasse la dépendance actuelle aux combustibles fossiles et permettrait aux pays de cette région de tirer profit de leurs énergies renouvelables pour accélérer la transition énergétique.
The urgency of promoting the energy transition and shifting towards decarbonization has led to the need to increase production and processing of certain minerals, such as lithium. This situation could be an opportunity for lithium-producing nations to earn revenue and accelerate their own domestic energy transitions.
Russia’s invasion of Ukraine will have long-term implications on energy markets. Countries are reassessing their reliance on Russian oil and gas, exploring an acceleration of the transition to greener energies and looking for alternative sources of petroleum.
Resource-backed loans in Ghana, as elsewhere in sub-Saharan Africa, have been largely characterized by unrealistic projections of loan amounts and potential projects; this has resulted in disbursement challenges and project funding bottlenecks.