May 25, 2022
12:00 pm - 1:30 pm
What role should international organizations, multilateral frameworks and global funds play in the energy transitions of African and Latin American states? During this session, the Center on Global Energy Policy and the Oxford University China-Africa Network examined whether multilateral institutions and funding mechanisms can meet the increasingly urgent needs of developing countries after two decades of disappointment. Despite considerable increases in the amount of capital that is made available to African and Latin American economies, there is a growing sense that extant forms of multilateral cooperation will continue to fall short of what is required to meet the twin challenges of decarbonization and climate adaptation. What reforms must be undertaken and what new kinds of partnership must be forged to make multilateral financing both more effective and more comprehensive?