Green Growth, Climate Finance, and the Dilemma of Oil-Producing Countries

This chapter explores the themes of green growth and climate finance discussed at the summit, emphasizing the need to transition towards renewable energy and away from high carbon pathways. It delves into the dilemma faced by oil-producing countries, questioning whether they should withhold development to protect the environment. The chapter also discusses the financial challenges of adopting renewable energy in Africa and the potential of carbon markets, while highlighting concerns about exploitation and doubts about the effectiveness of these markets.