Download or read book Carbon Pricing in Sub saharan Africa written by and published by . This book was released on 2020 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Carbon Markets Are There Opportunities for Sub Saharan Africa written by Elizabeth Bryan, Wisdom Akpalu, Mahmud Yesuf, and Claudia Ringler and published by Intl Food Policy Res Inst. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South Africa Carbon Pricing and Climate Mitigation Policy written by Mr. Haonan Qu and published by International Monetary Fund. This book was released on 2023-06-26 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meeting South Africa’s ambitious climate objectives will require a comprehensive strategy that includes a more effective use of carbon pricing policy, reducing inefficient government subsidies that have delayed the green transition, well-targeted support to affected industries and households, and other green financial and sectoral measures. Implemented well, the mitigation policy package would promote low-carbon investments, raise government revenues, and support economic growth.
Download or read book Putting a Price on Carbon in South Africa and Other Developing Countries written by Harald Winkler and published by Routledge. This book was released on 2020-12-14 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should we be putting a price on carbon, particularly in developing countries? This volume takes up this contested issue and examines how different economic instruments might apply in developing countries, with a special focus on South Africa. The papers included address a variety of themes in this area: Emissions trading, carbon taxes, fiscal and non-fiscal instruments, policy and institutional dimensions, and lessons from the Clean Development Mechanism. Presenting the very latest research, the volume will be of interest to academics and policymakers in economics, policy and development.
Download or read book Climate Change and Select Financial Instruments An Overview of Opportunities and Challenges for Sub Saharan Africa written by Anna Belianska and published by International Monetary Fund. This book was released on 2022-11 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa (SSA) is the region in the world most vulnerable to climate change despite its cumulatively emitting the least amount of greenhouse gases. Substantial financing is urgently needed across the economy—for governments, businesses, and households—to support climate change adaptation and mitigation, which are critical for advancing resilient and green economic development as well as meeting commitments under the Paris Agreement. Given the immensity of SSA’s other development needs, this financing must be in addition to existing commitments on development finance. There are many potential ways to raise financing to meet adaptation and mitigation needs, spanning from domestic revenue mobilization to various forms of international private financing. Against this backdrop, SSA policymakers and stakeholders are exploring sources of financing for climate action that countries may not have used substantially in the past. This Staff Climate Note presents some basic information on opportunities and challenges associated with these financing instruments.
Download or read book Africa s Resource Future written by James Cust and published by World Bank Publications. This book was released on 2023-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. This issue of stranded assets and, relatedly, “stranded nations,†? has major implications for the many African economies that are dependent on petroleum extraction and export. On the other hand, the energy transition will increase demand for raw material inputs involved in clean energy technologies. The transition from fossil fuels to clean energy may create demand by 2050 for 3 billion tons of minerals and metals that are needed to deploy solar, wind, and geothermal energy. How can African economies tap into these opportunities while managing the downside risk to their fossil fuel wealth? Africa’s Resource Future explores these themes and offers policy makers insights to help them navigate the coming years of uncertainty.
Download or read book How Best to Generate Carbon Revenue for Small scale Projects in Sub Saharan Africa written by Peter Stuart Atkins and published by . This book was released on 2013 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Clean Development Mechanism (CDM) has not worked for sub-Saharan Africa and its mainly small projects, delivering only 0.3% of the total CDM carbon offsets. This is thought to be because of the low intensity of the greenhouse gas reducing interventions prevalent in sub-Saharan Africa, the lack of institutional capacity relating to the CDM processes, the high transaction costs of the lengthy CDM process - typically amounting to R 500 000 per project per year and taking years to complete the process. An alternative for small carbon emission-reducing projects is to register carbon reductions with the voluntary carbon market and its Verified Emission Reductions (VERs) carbon credits. By examining the carbon markets in some detail through the lens of a particular case study, this dissertation has investigated and identified the main factors affecting the cost-effective generation of small emission reduction projects in sub-Saharan Africa. The chosen case study was a small-scale South African voluntary carbon project, the Umdoni bioethanol gel fuel-switching project. Umdoni was identified as an example of a project that generated carbon revenue outside of the CDM. By assessing the manner in which this project addressed the critical requirements of the carbon market while simultaneously alleviating poverty, the study seeks to provide new insight in the components of effective carbon markets. Both the detailed understanding of the voluntary carbon market components and the exposition of an example in which this market worked effectively is considered important at a time when the efficacy of the CDM is being reviewed, casting uncertainty over the role of market based instruments in addressing the global threat of an anthropogenically warmed climate. The study has identified the main factors affecting the ability of small carbon projects to generate net-positive carbon revenue and has suggested ways a small project could exploit this information to its benefit.
Download or read book Regional Economic Outlook October 2021 Sub Saharan Africa written by INTERNATIONAL MONETARY FUND. and published by International Monetary Fund. This book was released on 2021-10-21 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world remains in the grip of the COVID-19 pandemic and a seemingly accelerating pace of climate change, both of which underscore the need for increased global cooperation and dialogue. Solutions to these global problems must involve all countries and all regions, especially sub-Saharan Africa, with the world’s least vaccinated population, most promising renewable energy potential, and critical ecosystems. Sub-Saharan Africa’s economy is set to expand by 3.7 percent in 2021 and 3.8 percent in 2022. This follows the sharp contraction in 2020 and is much welcome, but still represents the slowest recovery relative to other regions. In particular, the economic outlook points to divergences at three levels: between sub-Saharan Africa and other regions, within sub-Saharan Africa, and within countries. These divergences reflect the region’s slower vaccines rollout, more limited fiscal space, and regional disparities in resilience. The outlook remains extremely uncertain, and risks are tilted to the downside. In particular, the recovery depends on the path of the global pandemic and the regional vaccination effort, food price inflation, and is also vulnerable to disruptions in global activity and financial markets. Looking ahead, sub-Saharan Africa’s potential remains undiminished. The region is at a critical juncture to implement bold transformative reforms to capitalize on this potential.
Download or read book The Impact of Land Use Changes in Sub Saharan Africa on Carbon Emission and Biomass Inventory and Evaluation of Management Options and Costs to Reduce Emissions written by Anantha M. Prasad and published by . This book was released on 1989 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Low Carbon Energy Projects for Development in Sub Saharan Africa written by Christophe de Gouvello and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Economic Outlook October 2016 Sub Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-10-25 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in sub-Saharan Africa this year is set to drop to its lowest level in more than 20 years, reflecting the adverse external environment, and a lackluster policy response in many countries. However, the aggregate picture is one of multispeed growth: while most of non-resource-intensive countries—half of the countries in the region—continue to perform well, as they benefit from lower oil prices, an improved business environment, and continued strong infrastructure investment, most commodity exporters are under severe economic strains. This is particularly the case for oil exporters whose near-term prospects have worsened significantly in recent months. Sub-Saharan Africa remains a region of immense economic potential, but policy adjustment in the hardest-hit countries needs to be enacted promptly to allow for a growth rebound.
Download or read book Developments and Innovation in Carbon Dioxide CO2 Capture and Storage Technology written by M. Mercedes Maroto-Valer and published by Elsevier. This book was released on 2010-07-13 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon dioxide (CO2) capture and storage (CCS) is the one advanced technology that conventional power generation cannot do without. CCS technology reduces the carbon footprint of power plants by capturing, and storing the CO2 emissions from burning fossil-fuels and biomass. This volume provides a comprehensive reference on the state of the art research, development and demonstration of carbon storage and utilisation, covering all the storage options and their environmental impacts. It critically reviews geological, terrestrial and ocean sequestration, including enhanced oil and gas recovery, as well as other advanced concepts such as industrial utilisation, mineral carbonation, biofixation and photocatalytic reduction. Foreword written by Lord Oxburgh, Climate Science Peer Comprehensively examines the different methods of storage of carbon dioxide (CO2) and the various concepts for utilisation Reviews geological sequestration of CO2, including coverage of reservoir sealing and monitoring and modelling techniques used to verify geological sequestration of CO2
Download or read book Financing Clean Energy Access in Sub Saharan Africa written by Bruno Michoud and published by Springer Nature. This book was released on 2021-07-15 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyses barriers and challenges associated with the financing of clean energy access in sub-Saharan Africa. By considering various economic, financial, political, environmental and social factors, it explores the consequences of energy poverty across the region and maps the real and perceived investment risks for potential capital providers, both domestic and international. Furthermore, it analyses risk mitigation strategies and innovative financing structures available to the public and private sectors, which are aimed at leveraging capital in the clean energy sector at scale and fostering the creation of an enabling business and investment environment. More specifically, the present book analyses how to (i) enhance capital allocation in projects and organisations that foster clean energy access in the region, (ii) mobilize private capital at scale and (iii) decrease the cost of financing through risk mitigation strategies. Going beyond traditional approaches, the book also considers socioeconomic and cultural aspects associated with investment barriers across the subcontinent. Moreover, it urges the public and private spheres to become more actively involved in tackling this pressing development issue, and provides policy recommendations for the public sector, including proposals for business model evolution at multilateral agencies and development institutions. It will appeal to a wide readership of both academics and professionals working in the energy industry, the financial sector and the political sphere, as well as to general readers interested in the ongoing debate about energy, sustainable development and finance.
Download or read book Biofuels in Africa written by Donald Mitchell and published by World Bank Publications. This book was released on 2010-11-24 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new economic opportunity for sub-Saharan Africa is looming large: biofuel production. Rapidly rising energy prices are expected to remain high for an extended period of time because of the increasing demand in prospering and populous countries such as China and India, the depletion of easily accessible supplies of crude oil, and concern over global climate change. As a result, there is renewed interest in biofuels as an alternative to fossil fuels. Africa is uniquely positioned to produce these new cash crops for both domestic use and export. The region has abundant land resources and preferential access to protected markets with higher-than-world-market prices. The rapid growth in the demand for transport fuels in Africa and high fuel prices create domestic markets for biofuels. The European Union and the United States have approved legislation that requires large increases in the consumption of biofuels over at least the next decade. Imports are expected to be needed to meet these mandates, thus opening the door to African and other developing countries that can produce biofuels or feedstocks for biofuels competitively. Expanding the production of crops for biofuels will affect the entire rural sector in Africa as resources are shifted away from traditional crops and the prices of all agricultural commodities rise. Even smallholders can participate in producing biofuel crops. To promote the sustainability and significant contribution of this enterprise, Biofuels in Africa provides guidance in formulating suitable policy regimes, which are based on protecting the rights of current land users, developing revenue-sharing schemes with local communities, safeguarding the environment and biodiversity, expanding institutional capacity, formulating new regulations and procedures, and emulating best practices from experienced countries. This volume will be of value to anyone interested in biofuels, including policy makers, development practitioners, private investors, researchers, and the general public. Now that African countries are trying to significantly increase their energy supply systems, biofuels are an attractive option using both dedicated crops and agricultural waste. This book provides guidance for them to develop a suitable policy regime for a significant contribution by biofuels. Professor Ogunlade R. Davidson, Minister of Energy and Water Resources, Sierra Leone Biofuels in Africa is a sorely needed resource for our understanding of the problems of expanding biofuels production in Africa. A high point of the book is a description of the projects that were started in several countries. A very useful book! Professor Jos Goldemberg, University of S o Paulo, Brazil As Africa most likely will play the same role for global biofuels as the Middle East does for oil, this comprehensive book on African biofuels should be compulsory reading for anyone interested in either African development or biofuels. The book captures the essence of long-term drivers and opportunities as well the complex challenges for investors and society of this huge emerging industry. Per Carstedt, Executive Chairman, EcoEnergy Africa
Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Download or read book Accelerating Climate Action written by OECD and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Valuing Climate Damages written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-06-23 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.
