Africa is being “punished” by the decisions of Western countries to end public financing for foreign fossil-fuel projects by the end of 2022, Niger’s president has said.
The comments came within weeks of a May 27 pledge by the Group of Seven (G7) industrialised democracies to phase out support for new investment in foreign oil, gas and coal projects by end of this year. The ban applies to schemes that are “unabated,” meaning those that fail to take steps to ease or capture carbon pollution.
