Africa Progress Report 2015: Power, People, Planet

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Africa Progress Report 2015: Power, People, Planet. Africa Progress Panel.

Press Release: Boost investment in Africa’s energy for a triple win for people, power and planet, Annan report urges

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Related:

Solar power to the people: how the sun can ease Africa’s electricity crisis. Kevin Watkins. The Guardian (UK). June 5, 2015. The scale of the continent’s energy deficit often fuels a sense of fatalism and paralysis. Yet on the flipside of this crisis are enormous opportunities

Africa’s moment to lead on climate. Kofi Annan and Robert E. Rubin. The Washington Post. June 19, 2015

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For Sub-Saharan Africa, 2015 is a turning point. The summits on sustainable development, financing and climate change are swinging the spotlight not only onto Africa’s needs to accelerate development and adapt to global warming, but also onto the region’s urgent energy crisis. Two in three Africans lack access to electricity.

But this crisis is also a moment of great opportunity, as we demonstrate in the Africa Progress Report 2015, Power, People, Planet: Seizing Africa’s Energy and Climate Opportunities. Demand for modern energy is set to surge, fuelled by economic growth, demographic change and urbanisation. As the costs of low-carbon energy fall, Africa could leapfrog into a new era of power generation. Utility reform, new technologies and new business models could be as transformative in energy as the mobile phone has been in telecommunications.

Renewable energy is at the forefront of the changes sweeping Africa, which is registering some of the most remarkable advances in solar, geothermal and wind power. With world leaders due to meet in Paris in December to settle on a new global climate change deal, Africa has a chance to show the way to a low-carbon future – while putting in place the policies needed to reduce its vulnerability to the effects of climate change.

A “triple win” is within the region’s grasp, as renewable technologies create opportunities to increase agricultural productivity, improve resilience to climate change, and contribute to long-term reductions in dangerous carbon emissions.

The Africa Progress Report 2015 explains the bold steps that leaders globally and in Africa must take to achieve this vision. Above all, the report shows that the global climate moment is also Africa’s moment – Africa’s moment to lead the world.

http://www.africaprogresspanel.org/publications/policy-papers/2015-africa-progress-report/

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See also:

Africa needs innovative finance to bridge its infrastructure gaps. Africa Progress Panel. October 16, 2014.  Africa nations have already begun to tap into global financial markets. Domestic tax and savings also offer solutions.

Africa Progress Panel calls for responsible investment and business practices in Africa. Africa Progress Panel. August 4, 2014.  Africa offers exciting investment possibilities for US companies. But to generate shared prosperity and guarantee a stable business environment, investment must be responsible.

Africa Progress Report 2014. Grain, Fish, Money. May 2014.  Africa’s rich natural resources offer a unique opportunity for a breakthrough in improving the lives of Africa’s citizens, says a major new report launched today by Kofi Annan, the former UN Secretary-General, but too often these resources are plundered by corrupt officials and foreign investors. Rising inequality is also blocking Africa from seizing that opportunity, the report shows.

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