Page 1 - AfrElec Week 04 2022
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Issue 335 27•January•2022 Week 04
The cost of the1.5°C target
Limiting global warming to 1.5 °C could cost reduce global GDP by 2%, or $75 trillion,
by 2050 as spending must increase to accelerate the energy transition
Access to climate funding
Many African states are struggling to access money earmarked by global institutional
investors to prepare them to combat climate change
Resuming GERD talks
Egypt is keen to resume talks with Ethiopia and Sudan over the 6,500-MW GERD project
“as soon as possible”
