 Sustainability or Economic Growth: Africa’s Green TransitionEconomic Thought journal, 2024, issue 4, 464-484 Abstract: The pursuit of sustainable development in Africa is becoming increasingly critical in light of the exacerbation of environmental vulnerabilities resulting from climate change. Despite contributing less than 4% of global greenhouse gas emissions, the continent faces significant challenges, including droughts and energy access issues that threaten economic stability. This article examines the interdependent relationship between sustainability efforts and economic growth in Africa, proposing that a transition towards renewable energy can stimulate industrial growth and generate employment opportunities. The future prospects of the green transition in Africa are outlined, focusing on the potential of gas resources and renewable energy to combine with economic development. A SWOT analysis is employed to facilitate a systematic evaluation of the benefits and challenges associated with the green transition, with particular attention paid to the potential barriers. The article presents some policy recommendations for integrating sustainability into national strategies and urges the global community to enhance support for Africa's green transition, with the objective of achieving a resilient future. JEL-codes: O55 Q01 Q5 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2024:i:4:p:464-484 Access Statistics for this article More articles in Economic Thought journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC. |
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