Oil Change International publishes upwards of 20 reports and briefings every year focused on supporting the movement for a just phase-out of fossil fuels.
The report draws on evidence from 13 producing countries in Africa and finds that decades of extraction have failed to reduce poverty or drive economic growth, and instead are lining the pockets of an elite few.
A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent's potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses.
