Thursday, July 7, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Environment

Six key ways Sub-Saharan Africa can address COVID-19 and climate change

by SAT Reporter
November 7, 2020
in Environment, Just In
0
Six key ways Sub-Saharan Africa can address COVID-19 and climate change
0
VIEWS

(The Southern African Times) – Rocky Mountain Institute has released a new report highlighting six key measures governments in Sub-Saharan Africa can address the impacts of COVID-19 and climate change.

The report Sub-Saharan Africa Stimulus Strategy: A Springboard for Increased Local Resilience and Economic Growth is Rocky Mountain Institute’s paper in a series of seven reports outlining how targeted stimulus and recovery investments by countries around the globe can address both climate change and COVID-19 in stimulus packages.

Rocky Mountain Institute calls for governments in the region to align stimulus packages with existing and emerging priorities in the energy sector.

The region has been urged to provide sufficient investments and incentives to support resilient clean energy pathways. By so doing, governments will be able to transform economies and move toward carbon neutrality while generating positive spillover benefits for other sectors.

The six core principles for a green stimulus and recovery in sub-Saharan Africa presented in the paper are:

  1. Power critical facilities to reignite the economic engine: Develop national and/or regional programs to deploy distributed energy resources (DERs) for hospitals and other essential facilities that are critical to rural communities (e.g., schools, water treatment units).
  2. Accelerate electrification efforts: Invest in DER developers that prioritize standardized and modular designs—creating a larger, more reliable pipeline of clean energy projects that drive cost reduction.
  3. Electrify local economies: Increase investments in DERs through patient capital or low interest loans to minigrid developers to enable the rapid scaling of rural DERs.
  4. Electrify transportation: Expand impact funds support to include sustainable mobility: DFIs, philanthropic organizations, and impact investing can play a critical role by supporting mobility initiatives.
  5. Unlock energy efficiency: Provide matching contributions to revolving funds dedicated to energy efficiency to complement initial financial streams such as savings from reducing subsidies or local capital.
  6. Accelerate utilities’ transition toward modern, clean technology: Provide a green guarantee mechanism to incentivize private sector investment in resilient clean energy projects to accelerate a green recovery.

Francis Elisha, principal at RMI and co-author of the paper, said: “It’s exciting to see a myriad of organizations reporting about Africa stimulus packages—however, an aligned and coordinated effort is crucial to unlock and deploy rapidly stimulus funding to provide jobs, improve health and address climate concerns.

Read the full Sub-Saharan Africa Stimulus Strategy.

Previous Post

Understanding The US 2020 Elections: Impact of a New Electoral System

Next Post

Springboks commit to Rugby Championship until 2030

SAT Reporter

Related Posts

UK-funded low carbon technology programme calling for proposals in South Africa

UK-funded low carbon technology programme calling for proposals in South Africa

by SAT Reporter
July 6, 2022
JPMorgan warns oil prices could surge 240%
Business

JPMorgan warns oil prices could surge 240%

by SAT Reporter
July 4, 2022
15 African countries with the highest defense budgets in 2022
Just In

15 African countries with the highest defense budgets in 2022

by SAT Reporter
July 2, 2022
Key to Unlocking Major Investment in Africa – Better Data

Key to Unlocking Major Investment in Africa – Better Data

by SAT Reporter
July 2, 2022
Key takeaways from CBN’s new cybersecurity guidelines for Other Financial Institutions (OFIs) in Nigeria

Key takeaways from CBN’s new cybersecurity guidelines for Other Financial Institutions (OFIs) in Nigeria

by SAT Reporter
July 1, 2022
Next Post
Springboks commit to Rugby Championship until 2030

Springboks commit to Rugby Championship until 2030

Premium Content

African countries to get COVID-19 vaccines in early 2021

African countries to get COVID-19 vaccines in early 2021

December 10, 2020
More than 60,000 fans to attend Euro 2020 Semi-finals and final at Wembley

More than 60,000 fans to attend Euro 2020 Semi-finals and final at Wembley

June 23, 2021
Temba Bavuma named first black South African cricket captain

Temba Bavuma named first black South African cricket captain

March 6, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa New Africa News african footballer African investments African manufacturing industry african markets African news African start-up banking Business China Classic Content currency Explore Bali Finance football Life Style Markets Market Stories Namibia news Nigeria oil and gas Oilandgas Opinion Pandemic Politics Premium reserve bank of Zambia Russia South Africa Southern African News sports Stay Home Travel United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?