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UNCTAD Warns High Clean-Tech Tariffs in Africa Could Stall Renewable Energy Progress

NairaMetrics··1 min read
UNCTAD Warns High Clean-Tech Tariffs in Africa Could Stall Renewable Energy Progress

The UNCTAD report highlights the threat of high clean-tech tariffs in Africa on renewable energy progress despite global price reductions in solar and wind technologies. The report emphasizes the importance of reducing trade barriers to support economic growth, job creation, and climate commitments.

Notable efforts include Nigeria's approval of a national carbon market framework. This issue is crucial for African countries to access affordable technologies and combat climate change effectively.

Plus234Feed summary based on reporting from NairaMetrics.

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