One might be tempted to employ the epithet once applied to a chaotic French Socialist Party congress – “a drunken brawl in a Mexican brothel” – to describe the vaudeville that played out in New York at the end of September regarding the subject of climate finance.
A dismayed chorus made up of NGOs and activists, supported by Gore, chanted calls for his resignation . Similar calls came from John Kerry and John Podesta, President Joe Biden’s special envoy and senior climate adviser respectively. Malpass’s term runs until the first half of 2024. China’s coal-fired power plants emit as many tonnes of CO2 in 36 hours as Morocco’s do in an entire year.Also receive offers from The Africa ReportAll the coal-fired power plants installed since 2000 across the continent account for 13.8 GW of electrical capacity. This is barely half the coal-fired capacity that China added to its electricity mix in 2021 alone. And this was without the World Bank’s endorsement, support or involvement.
“Tackling climate change will require a huge pipeline of impact projects and a coordinated effort to finance these projects”, as well as “sound diagnostics, new uses of technology and ambitious prioritisation”, Malpass said in October 2021.
GlobalEnergyMon There we go, some numbers that will make you cough up you Rwanda n coffee blend 🤯NigeriaMoroccoGaspiplineProject Africa AU AfricanUnion EUGreenDeal It's time for irreversible commitment to better education. These numbers! Man, they are cold and sobering...