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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.
Technological Pathways for Africa's Net-Zero Economy: Technology Solutions to Unlock Africa's Sustainable Future explores the potential of African countries to transition towards a net-zero economy. It highlights sustainable development challenges and opportunities Africa faces and provides insights on technological pathways toward this goal. The book emphasizes the importance of harnessing renewable energy resources, promoting green innovation, and building resilient infrastructure for a sustainable future. It calls for strong policy frameworks and international collaboration to support African countries in their transition. The book outlines seven scenarios supporting Africa's technological paths to a net-zero economy: leapfrogging, hybridization, adaptation, decentralization, sustainable development, promotion, and finance.These scenarios aim to adopt innovative technologies and strategies to reduce greenhouse gas emissions. Investing in education and capacity-building programs is crucial for African countries to effectively implement sustainable energy solutions, so the book also highlights the role of education and awareness in fostering a culture of sustainability among African communities and empowering them to actively participate in climate action initiatives. - Takes into account the unique socioeconomic and environmental context of Africa, which is crucial for developing tailored strategies and solutions that are suitable for the continent - Offers practical insights and recommendations for policymakers, businesses, and individuals to navigate the challenges and opportunities of transitioning to a sustainable future - Highlights successful case studies from other regions that can serve as inspiration and learning points for Africa's journey towards a net-zero economy
CLIMATE CHANGE and the road to NET-ZERO is a story of how humanity has broken free from the shackles of poverty, suffering, and war and for the first time in human history grown both population and prosperity. It’s also a story of how a single species has reconfigured the natural world, repurposed the Earth’s resources, and begun to re-engineer the climate. The book uses these conflicting narratives to explore the science, economics, technology, and politics of climate change. NET-ZERO blows away the entrenched idea that solving global warming requires a trade-off between the economy and environment, present and future generations, or rich and poor, and reveals why a twenty-year transition to a zero carbon system is a win-win solution for all on planet Earth. Reviews  Readers' Favorite Five Stars “An excellent layman's perspective of the climate problem today, how it has evolved over time, and the different approaches to solving the problem. I recommend it highly.” - Mark Z. Jacobson, Professor of Civil and Environmental Engineering at Stanford University and author of 100% Clean, Renewable Energy and Storage for Everything. “Mathew brings his wide ranging experience of financial markets, particularly in modelling and forecasting, to add a unique insight to the climate challenge. On one hand, helping us understand how fossil fuels drove prosperity and let the world’s population escape the poverty trap, whilst on the other how rising levels of CO2 in the atmosphere placed the world at mortal risk. In this book, Mathew’s financial understanding comes to the fore, revealing why we need a sound understanding of economics, climate science and financial modelling to give us the signals we need to act today.” - Mark Campanale, Executive Chairman of the Carbon Tracker Initiative and founder of the ‘unburnable carbon’ capital markets thesis. “Provides a clear understanding of the technical complexities of reaching zero carbon. Hampshire-Waugh approaches the subject with intellectual rigour, boundless curiosity, and compelling story telling. A must read for anyone interested in climate change and net-zero.” - Vincent Gilles, Chief Investment Officer at Clim8 Invest. “The book that says it all and answers all questions. Backed by data, analysis and science, Hampshire-Waugh explains how climate change, if left unchecked, threatens to unravel 200 years of human progress. But it need not end this way. The author shows that building a net zero carbon economy is within human reach through focused innovation, riding down the experience curve and reaching scale in clean energy technologies and solutions. Mathew shows how we can solve climate change and air pollution whilst driving development in the poorest parts of the world, and without compromise for those already accustomed to the highest quality of life.” - Geetu Sharma, Founder of AlphasFuture LLC, a sustainability focused investment business. About the Author Dr Mathew Hampshire-Waugh has spent the last decade working as an equity analyst at a global investment bank. He has worked with the top executives of many multi-billion-dollar companies and built relationships with many of the world’s largest investment managers. Mathew’s work centred on forecasting technology trends, financial performance, and the intrinsic value of companies involved in markets including renewable energy, electric cars, battery technology, and biofuels. Prior to his career in the banking industry, the author gained his doctorate in materials chemistry from University College London, where he worked on novel coatings and nano-materials for use in energy saving glazing and solar panel design. During his doctorate Mathew registered a patent for an efficiency enhancing coating for solar modules, published numerous scientific papers, and engaged in public speaking, consultancy, and media outreach. From the Author I wrote Climate Change and the road to Net-Zero to provide a generalist reader with a clear, comprehensive, and objective take on the issues surrounding climate change and air pollution. The book walks the reader through a history of energy, innovation, and the rise of human civilisation; how scientists have come to understand our past climate and can now forecast future change; the problems economists encounter as they attempt to piece together the potential monetary and social damages from climate inaction; and a technology agnostic assessment of potential climate change solutions (from climate-engineering to mitigation) including their costs, risks, and limitations. The book demonstrates why sustainable technologies such as wind, solar, and batteries get cheaper with scale of production, not time, and why a rapid transition to a fully-fledged net-zero system will end up significantly cheaper than remaining bound to fossil fuels, whilst also avoiding the worst impacts of climate change, and preventing nearly eight million premature deaths each year from air pollution. I hope Climate Change and the road to Net-Zero delivers an understanding of humanity’s relationship with Earth that is as intriguing as Simon Lewis and Mark Maslin’s The Human Planet, or Yuval Noah Harari’s Sapiens. I very much hope too that the book conveys the passion and call to action of David Wallace-Well’s The Uninhabitable Earth, coupled with the sober economic analysis of The Climate Casino by William Nordhaus or Capital in the 21st century by Thomas Piketty, and that it provides the technical rigour of Sustainable Energy Without The Hot Air by David MacKay, the rationality of Hans Rosling’s Factfulness, and the eternal hope of The Future We Choose by Christiana Figueres and Tom Rivett-Carnac. I believe net-zero will be cheaper, cleaner, safer, more reliable, more sustainable, and will create more employment than if we remain bound to fossil fuels. After reading the book, I hope you will agree. Mathew Hampshire-Waugh, Author.
This book explores the issue of a sustainable energy transition in Africa, including the current energy landscape and exploration of various scenarios for achieving net zero emissions. It highlights the challenges faced by African countries in transitioning to clean energy and provides practical solutions for these challenges. It provides perceptive analysis and case studies demonstrating how African nations can take advantage of their natural resources, including insights from Bhutan and Denmark to achieve sustainable development while mitigating the effects of climate change. Features: Offers unique insights into the specific challenges and opportunities that Africa faces in achieving a net zero energy future. Provides comprehensive understanding of the region's renewable energy potential, including analysis of policies and initiatives driving sustainable development. Highlights successful case studies, emerging technologies, and the economic and environmental benefits of transitioning to net zero energy. Explores the role of international collaborations and partnerships in supporting Africa's journey toward a net zero energy future. Discusses solutions that must be tailored to the specific needs and contexts of African countries. This book is aimed at graduate students and researchers in the field of sustainability and energy systems.
As drivers of climate action enter the fourth decade of what has become a multi-stage race, Net Zero has emerged as the dominant organizing principle. Hundreds of corporations and investors worldwide, together responsible for assets in the tens of trillions of dollars, are lining-up for the UN Race to Zero. This latest stage in the race to save civilization from heat, drought, fires, and floods, is defined by steering toward zeroing out greenhouse gas emissions by 2050. Settling Climate Accounts probes the practice of Net Zero finance. It elucidates both the state of play and a set of directions that help form judgements about whether Net Zero is going to carry climate action far enough. The book delves into technical analyses and activates the reader’s imagination with narrative accounts of climate action past, present, and future. Settling Climate Accounts is edited and authored by Stanford University faculty and researchers. The first part of the book investigates the rough edges of Net Zero in practice, exploring questions of hedging risk, Scope 3 emissions, greenwashing, and the business of asset management. The second half looks at states, markets, and transitions through the lenses of blended finance, offsets, debt, and securitization. The editors tease out possible solutions and raise further questions about the adequacy and reach of the Net Zero agenda. To effectively navigate the road ahead, the editors call out the need for accountability and ask: who is in charge of making Net Zero add up? Settling Climate Accounts offers context and foundation to ground the rapidly evolving practice of Net Zero finance. Targeted at seasoned practitioners, newly activated leaders, educators, and students of climate action the world over, this book embraces the complexity of climate action and, in so doing, proposes to animate and drive hope.
A core political economy issue in the growth literature is how to structure the relationship between the public and private sectors to ensure optimal outcomes. While conventional arguments on the ability of the private sector to intrinsically generate efficiency gains remain valid, governments’ traditional role of providing an enabling environment to foster private risk taking for capital accumulation is no less important. African Policy Innovation and the Political Economy of Public-Private Policy Partnerships borrows from contemporary theories of policy change and raises some fundamental questions about the political economy of development in Africa. This book examines the current knowledge and research about the role of public-private policy partnerships in the policy innovation discourse. It contributes a comprehensive, cutting-edge analysis vis-à-vis the appropriateness of contemporary policy devices and paradigms, the compatibility of individualistic analytical frameworks with the African philosophy of Ubuntu, the debate on the rise of neoliberalism versus Africa's traditions and values, and the implications of path dependence for the African Renaissance. From local communities and NGOs to African governments and international development agencies, the author advances a multi-stakeholder development policy and programming framework which recognizes Africa's vastly heterogenous economies and societies. Covering topics such as policy diffusion, demographic shifts, inequality, rentier capitalism, industrial transformation, development finance innovations, venture capital ecosystems, tax policy and supply-side economics, ocean finance, the global minimum tax debate, and higher education under disruptive technologies, this premier reference source is an excellent resource for government officials, policymakers, entrepreneurs, business leaders, libraries, students and educators of higher education, researchers, and academicians.
This book is a guide for companies of all sizes as they navigate business responsibility in climate change. It includes the latest scientific research, governance tools, and recent developments in sustainable finance. Providing steps for a meaningful contribution to climate change, this is a critical tool for all corporate stakeholders.
Forty-nine million people live in the Lake Chad region, exploiting its rich natural resources and relatively constant supply of water, fodder and fertile land all year round. The area used to be a food production hub, with local markets supplying produce to Cameroon, Chad, the Niger and Nigeria. However, poor natural resource management, poor coordination across the different countries of the region, and the widespread impact of climate change have contributed to the significant deterioration of the Lake’s natural ecosystem capacity. Agricultural soils and pastures have been widely degraded, leading to a huge reduction in food productivity and, thus, job opportunities, especially for the youth living in rural areas who account for a high percentage of the population. Conflicts and tensions have created a conducive context for young people in search of income and opportunities to join the Boko Haram terrorist movement originated in Nigeria. This evaluation was conducted to address FAO’s response to the Lake Chad Basin crisis, including interventions conducted in 2015‒2018, as FAO published the Lake Chad Basin Crisis Response Strategy (2017–2019) to address the needs of the identified 6.9 million people affected by soaring food insecurity in the Lake Chad Basin in early 2017. The objectives of this evaluation were to analyse FAO’s responses to the crisis at operating level, with a focus on efficiency, effectiveness and sustainability, while assessing the relevance and consistency of the regional approach from a strategic perspective. The evaluation team visited many of the areas concerned, and at the end of each visit they organized a debriefing session with the respective FAO country team to share information gathered and collect complementary data and analysis to inform its deliberations. This helped to ensure transparency in the data collection process and to maximize the learning process. For FAO to support the food security and nutrition of communities in the Lake Chad region effectively, a regional strategy focused on supporting the resilience of communities is relevant and appropriate. Complementary to FAO’s country-based programmes, a regional strategy bears the potential to devise interventions that adapt to the cross-border nature of issues that each country faces and would allow supporting a more cohesive and collaborative way of working. Based on the Regional Response Strategy (2017–2019), FAO should revise its strategy and approach by incorporating governmental objectives, and translate it into an operational action plan, in line with other partners’ strategies in the region.
This book explores Ghana’s newfound oil wealth and how the revenues it generates can be used to produce inclusive economic growth and development. Comparisons are made with neighboring countries, including Nigeria, Angola, and Equatorial Guinea, to highlight how petroleum resources can create jobs, increase research and development skills, and generate government revenue to invest in local services and infrastructure. The impact of global developments, such as the 2014-16 oil slump and innovation within the industry, are also covered. Petroleum Resource Management in Africa to provide policy suggestions and an operational framework for other petroleum producing countries. It will be of interest to academics and policymakers interested in resource and development economics.