Europe Pledges $600 Billion for Clean Energy Projects in Africa

“From the beginning, the Global Gatewaiti has been described as an attempt to contest the foreign infrastructure investment fund of the European Union’s Belt and Road Initiative. It is a $ 1 billion by 2027, but it is a David-Banam-Goliath-style initiative,” Gabriel Razana, said Gabriel Razana, international. China has already invested a lot of clean power in Africa and has less obstacles. Rosana says, “The union is working in an arrangement of specific rules, betting and unknown obstacles of Chinese centrality.”

Ay Study From the University of Griffith, Australia, in the first half of 2021, under the Belt and Road Initiative, the fuel-related investment has been the highest since 20, when the initiative was launched-and it was $ 39 billion, which had the highest price agreement in this sector. Ay Recent report Energy Think Tank Embar reveals that China has exported 4 GW solar panels to Africa for the year 2021, which has increased by 60 percent in one year of this national import. It is not certain that all these devices will be installed – there may be a trade triangle to prevent some tariffs – but in any case, Beijing is located itself to take advantage of the green changes in the continent.

Europe, however, is committed to realizing this opportunity. Rosana says, “For the past two years, competition has slowly, but with the growing view, European policy, including defense, has become the key to agenda,” Rosana says. “International cooperation has also been renovated with the view of strategic autonomy, and the union’s global projection service has been kept in the union, while Europe must bring faster discipline and trade variety with the widespread reconstruction of trade balance due to the US-China challenge.”

The EU was not alone in feeling the need to respond to China’s belts and road enterprises. The United States was also forced to perform in the second term of President Donald Trump. In 2021, President Joe Biden’s administration is an international infrastructure program, the Build Back Better World, which expanded to G7 next year and was named as the Global Infrastructure and Investment (PGI) partnership. Among the main fields of the focus of PGIs were power and Africa: Angola two solar power plants, a nickel processing plant for batteries in Kenya, an air power and storage system and batteries in Tanzania Appeared In the list of initial US projects.

But perhaps the most important infrastructure in Western Africa is following the project LoboA railway line that will connect Zambia copper deposits and DRC’s cobalt mines to the Atlantic port of Angola. Copper electrification metal; Lithium, a key ingredient of the battery – both the raw materials and China are currently given priority for the supply of both the green infection.

The African continent, then, is now interested in its resources, one of the first and most eager superpowers. However with a young and growing population-up-saharan region the population will grow by approximately 79 percent in the next three decades– And a energy system affected by fossil fuels, the decor of Africa will be necessary for the success of the net zero. During the September announcement, Von Deer Lane said, “Africa likes today,” the whole world is turning the future. “

This story was originally attended Wired Italia And translated from Italian.