Africa's Path to Net-Zero
By Samuel Chukwujindu Nwokolo, Rubee Singh, Shahbaz Khan, Anil Kumar & Sunil Luthra
- Release Date: 2023-12-06
- Genre: Economics
Description
This book provides a comprehensive analysis of the challenges and opportunities for achieving a net-zero energy transition in Africa. With a focus on policy, technology, financing, and socio-political factors, the book presents four potential scenarios for a sustainable energy transition in the continent. The scenarios presented highlight the importance of balancing economic growth with environmental sustainability and social development. While foreign investments in renewable energy could be beneficial, they must be carefully monitored and regulated to prevent exploitation and ensure accountability.
The book also emphasizes the need for collaboration and a calculated transition to ensure that all stakeholders are involved in the process. Additionally, the challenges of achieving self-sufficiency and export-free energy are discussed, with the importance of setting limitations and regulations to prevent a vicious cycle of poverty and dependency on foreign aid. With a deep understanding of Africa's environmental, socio-political, and socio-cultural complexities, “Africa's Path to Net-Zero” offers valuable insights for policymakers, investors, and anyone interested in promoting a sustainable energy future for the continent.