This policy brief analyses policy convergence and divergence between Europe and Africa in the field of climate and energy and identifies areas for further policy debate beyond COP27. Specifically, it examines cooperation efforts and challenges in two areas: hydrogen and JETPs.
In this policy brief, we analyse the direct effects and implications of the war in Ukraine on energy security, industrial supply chains, food security and environmental protection in the EU and in developing countries.
“Restore Our Earth!” was the theme and rallying cry for this year’s Earth Day on 22 April. This is not something that could be achieved on a single day. Yet, Earth Day 2021 might signal a greater turning of the tide as the world enters the “Green Twenties.”
Europe–Africa relations are facing a double challenge – the COVID-19 pandemic puts social and economic systems under strain at a point when the consequences of the climate crisis are being increasingly felt on both continents. Within Africa and Europe, debates have started about recovery measures to address the pandemic’s short and medium-term socio-economic consequences. A key question in these debates is how to “build back better” and use the crisis to promote green transitions and move towards more sustainable development pathways.
The unprecedented scale of the crisis generated by the COVID-19 pandemic calls for greater empowerment of international, European and regional financial institutions for development, development finance institutions (DFIs) and public development banks. They all need to step up their efforts, to ‘build back better’, in a greener, more inclusive and gender-sensitive manner. This paper suggests ways to do that, adjusting the current business model of financial institutions for development to align and coordinate European investments for development.
