<\/p>\n
By Jessica Corbett<\/p>\n
With the continent facing climate extremes despite its limited contributions to the crisis, political leaders and campaigners have called for global spending on clean energy development.<\/p>\n
Just days away from the UN climate summit in Egypt, The Guardian on Monday highlighted how the US government is pouring billions into African fossil fuel projects while making relatively limited investments in renewables.<\/p>\n
Using Oil Change International\u2019s Public Finance for Energy Database, the newspaper found that since the 2015 Paris agreement, US funding for fossil fuel development in Africa has soared, despite global goals to limit planet-heating emissions.<\/p>\n
For fiscal years 2016-2021, the US spent $13 billion on fossil fuel projects globally, compared with $4 billion on renewable energy and $1 billion on other projects. Two-thirds of fossil fuel spending, or $9 billion, went to projects in Africa. Just $682 million went to renewables there \u2014 meaning the US spent 13 times more on polluting projects across the continent.<\/p>\n
Leading up to the COP27 summit in Sharm El-Sheikh, African campaigners and leaders have stressed not only the need for loss and damage funding from wealthy nations that have largely created the climate emergency, but also greater investments in renewables.<\/p>\n
As Kenyan President William Ruto argued earlier this month, the continent has \u201cimmense potential for renewable energy, and this abundance of wind and solar energy can power the development of Africa\u201d.<\/p>\n
However, the data shows that rather than promoting clean energy development across Africa, the US government has instead focused on producing fossil fuels \u2014 and not even to aid Africans. As Youba Sokona, a climate scientist from Mali who is a vice-chairperson of the UN Intergovernmental Panel on Climate Change, told The Guardian, \u201cThe US isn\u2019t investing for the interest of Africans, it\u2019s investing for the interests of the US.\u201d<\/p>\n
Last year, climate campaigners cautiously welcomed US President Joe Biden\u2019s plan to cut off federal support for fossil fuel projects abroad while warning of the policy\u2019s shortcomings.<\/p>\n
\u201cThe loopholes for \u2018strategic\u2019 projects, and the lack of action at home, leave big gaps,\u201d Fossil Free Media director Jamie Henn said at the time. \u201cIt\u2019s time to end government support for all fossil fuels everywhere.\u201d<\/p>\n
Climate campaigners remain critical of the administration, especially in light of The Guardian\u2019s findings.<\/p>\n
Kate DeAngelis, international finance programme manager at Friends of the Earth, said that she \u201cwas thrilled with the promises\u201d of the current administration, but since Biden took office last year, \u201cit\u2019s been a slow walk back to the point where you couldn\u2019t tell the difference between\u201d him and his right-wing predecessor in terms of fossil fuel finance abroad.<\/p>\n
\u201cIt\u2019s been frustrating and tiresome to see so many opportunities lost to transition away from fossil fuels,\u201d she continued. \u201cIt\u2019s just business as usual. We are seeing some of the most vulnerable communities in Africa be negatively impacted and they don\u2019t have a voice.\u201d<\/p>\n
As the newspaper detailed, the Export-Import Bank of the US (Exim), a primary funder of overseas energy projects, has ramped up its support for renewables in recent years but DeAngelis said the agency had shown no intention of ceasing fossil fuel funding. <\/p>\n
\u201cThey\u2019ve said to us they will approve fossil fuels in Africa and beyond and not to get bogged down on that because they are doing renewables too,\u201d she said. \u201cIt shows the lack of seriousness (with which) the Biden administration is taking this crisis.\u201d<\/p>\n
From 2016 until last year, Exim\u2019s financing of fossil fuels in Africa dwarfed renewable funding by a factor of 51 to one. This approach to lending threatens to undercut Biden\u2019s message of climate leadership at what has been dubbed \u201cAfrica\u2019s COP\u201d, to be held over the next two weeks in Egypt.<\/p>\n
While Exim did not respond to the paper\u2019s request for comment, a spokesperson for the Development Finance Corporation said that the DFC is \u201ccommitted to safeguarding US geostrategic interests, while accounting for rising energy demand and security around the world\u201d, and \u201cseeks to invest in highly developmental, affordable, and sustainable energy access in alignment with the Biden-Harris administration\u2019s long-term climate goals, including a net-zero future\u201d.<\/p>\n
The reporting and final preparations for COP27 come as climate scientists and other experts continue to warn of the need to rapidly transition from fossil fuels to renewable energy on a global scale.<\/p>\n
A World Meteorological Organisation report confirmed on Wednesday that atmospheric levels of carbon dioxide, methane, and nitrous oxide hit record highs last year, which WMO secretary-general Petteri Taalas said \u201chas underlined, once again, the enormous challenge \u2014 and the vital necessity \u2014 of urgent action to cut greenhouse gas emissions and prevent global temperatures rising even further in the future\u201d.<\/p>\n
The following day, the UN Environment Programme delivered a similar message about how far off the world is from meeting the Paris temperature goals for 2100, warning that there is \u201cno credible pathway to 1.5\u00b0C in place\u201d, which necessitates a \u201crapid transformation of societies\u201d.<\/p>\n
* This article was first published in Common Dreams.<\/p>\n","protected":false},"excerpt":{"rendered":"
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