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Africa attracts 2% out 40% energy source due to limited finance – Dickson

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The Senate Committee Chairman on Climate Change, Henry Seriake Dickson has said,He said, Africa has 40% of the world’s energy renewable sources, but due to limited financing, we only attracts 2%.

Seriake also said, creating an enabling environment that would attract funding is necessary to boost energy transition in Nigeria. “Transitioning to a sustainable energy future is not an easy task. We have been told that Africa has 40% of the world’s energy renewable sources and yet available finances so far indicates that we have only attracted 2%.

Speaking on the need for collaboration to enable a smooth energy transition, Seriake said, “There’s need for synergy between all ministries departments and agencies.

 

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