By Donu Kogbara
OUR erudite Vice President, Professor Yemi Osinbajo, recently expressed the view, in the September/October edition of a distinguished international publication – The Foreign Affairs Journal – that banning fossil fuel investments will crush Africa.
I agree so strongly with His Excellency that I requested permission to share his thought-provoking article with Vanguard readers.
IN April, seven European countries, including France, Germany, and the United Kingdom, announced that they would halt public funding for certain fossil fuel projects abroad. A little less than one year prior, Norway’s sovereign wealth fund, the largest in the world, sold out of positions in major mining and energy companies because of environmental concerns. And in 2018, Ireland became the first country to pledge to entirely divest from fossil fuels.
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Source: Vanguard Newspaper