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Publication / 11 November 2020

A Just Energy Transition for Africa - Mapping the impacts of ECAs active in the energy sector in Ghana, Nigeria, Togo and Uganda

Many industrialised nations are switching to renewable energy at home. But while they commit to phasing out fossil fuel energy domestically, these commitments are abandoned outside their borders, where they continue to push dirty energy, thus contributing to climate change, human rights abuses and environmental destruction.

This is happening in African countries, while they are already being hit particularly hard by the impacts of climate change. By supporting fossil fuel as well as large hydro dam-related energy projects in Africa, export credit agencies (ECAs) add to the many risks and threats.

 

In addition, the ECA-supported investments in fossil fuels makes these countries economically dependent on energy sources that many countries in the world are committed to phase out, which poses serious economic debt risks, undermining their long-term resilience.

 

Coming from a perspective of communities affected by ECA-supported energy projects, this report analyses the question what the best solution is for limiting global warming to 1.5C on the one hand, and facilitating universal energy access on the other hand. Furthermore, it analyses the question what the role of public financial institutions like ECAs could be in terms of promoting a green energy future in Africa.

 

Annexes with this publication: 

Annex 1. Full list ECAs in Ghana, Nigeria, Togo, Uganda 2013-2020

Annex 2. Questionnaires

Annex 3. Communities interviewed

 

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