Page 3 - AfrElec Week 44 2021
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AfrElec CONTENTS AfrElec
COMMENTARY
COP26 finds renewed commitment to 1.5°C 4
Coal dominates at COP26 as more countries join the clean transition 6
World commits to $100bn of climate finance for global south 8
POLICY
IEA aims to forge stronger global regulation of energy transition 9
CLEAN TRANSITION
South Africa becomes poster boy for just transition in developing world 10
COAL
South Africa, India, Indonesia, and the
Philippines to receive $2.5bn to phase out coal 11
Morocco and Egypt lead African countries commit to end coal 12
GREEN BONDS
Climate Investment Funds issue new generation of green bonds 13
CLIMATE ADAPTION
UK to support climate adaption in Africa with $195mn commitment 14
CLIMATE CHANGE
Climate change to cause devastating migration levels in Africa 15
South Africa will need money to meet its climate targets and go green -
SA president 16
RESULTS
Power theft, inefficiencies hinder Ghana’s energy debt recovery 17
KenGen posts $132.7mn profit before tax 17
NEWS IN BRIEF 18
NEWSBASE’S POWER ROUNDUP GLOBAL 19
Have a question or comment? Contact the editor – Richard Lockhart (rlockhart@newsbase.com)
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Week 44 04•November•2021 www. NEWSBASE .com P3