In early May – ahead of a discussion around the World Bank’s engagement on the African continent to support borrowing countries’ energy sectors – Earthlife Africa Johannesburg and dozens of organisations concerned about the climate crisis, called on its Executive Directors to stop investing in fossil fuels.

Rather than putting more funds in harmful fossil fuels, the World Bank must scale up investments in decentralized renewable energy and expand finance to ensure more access to energy that come from clean source and driving the efforts for “a much wider ‘just recovery’ from the COVID-19 crisis, that can serve as a bridge to a ‘just transition’ to a zero-carbon future, more generally.”

Read the Civil Society letter to the World Bank on Africa Energy Strategy here


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