Europe’s energy crisis is aggravating a decades-old tension between the developed and the developing world. As wealthy countries increase natural gas imports (including from Africa), many of them are maintaining policies that restrict development finance for gas-fired infrastructure projects in poorer nations.

The fight over when – or even whether – to use development finance for gas-fired power plants in poor countries has become overly contentious and counterproductive.

Nigeria wants to achieve a net-zero emissions energy system In November 2021, at the United Nations climate change conference (COP26) held in Glasgow, President Muhammadu Buhari announced Nigeria’s commitment to achieving net-zero emissions by 2060.

Third Way and Energy for Growth Hub have been mapping the global market for advanced nuclear over the last few years, tracking both projected energy demand growth to midcentury and various metrics on civil nuclear “readiness” for countries around the world.

We’ve worried that energy projects in Africa, especially renewables, were at risk from rising interest rates and an increasingly unstable global economy.