African countries emit far less greenhouse gases. Calculated on an individual basis, CO2-emissions of Africans are more than 10 times lower than those of North Americans. Access to energy remains a key development obstacle for the continent. The presentation indicates that some of the reasons for low energy related investment flows into Africa are currency instabilities, counterparty risks, weak institutions, low technical capacity, lack of transparency and accountability mechanisms as well as poor quality infrastructure.
Due to Africa’s abundant renewable energy resources and vast non-arable land, the continent offers significant potential for green hydrogen production. The presentation provides an overview of how Africa is a key part of the solution for decarbonisation global drive.
Access the presentation here. This presentation “Climate Investing – The Africa Opportunity” was prepared by KPMG.
