Many countries are coming under debt distress and in many cases, power sector finances have played a role. Strengthening debt transparency should be a priority and one obvious way is transparency of power contracts. Read more ... @IMFNews PFM blog #PPAWatch
"Just like contracts for oil, mining, and sovereign debt where disclosure is now an accepted norm, power contracts with a direct or indirect sovereign guarantee should be publicly disclosed", argue @energyforgrowth's @toddjmoss and @rushaiyatanko on the IMF's PFM Blog.
New data from @OurWorldInData, same story: throughout history and across all regions, higher income levels consistently align with greater energy consumption.
Share this updated graphic with your network and let us know what you think!
https://t.co/t4YNnvZosU
“Pennsylvania is Philadelphia in the east, Pittsburgh in the west, and Alabama in the middle.” —James Carville
Opening quote of my new political thriller PURPLE STATE launching tomorrow 🇺🇸👇🏽 https://t.co/h5qBEA2f5q
So - if somehow we had miraculously managed to qualify to the R16 with this shocking performance, each player would have been happy taking over $30,000 of our taxes and technical team members over $60,000 for this embarrassing output?
This is why I have no sympathy for anything anyone says to these lot.
Africa Games is in 40 days. Ghana is hosting. Ghanaian athletes only moved to Cape Coast for camping last weekend. Boxers, track and field athletes, badminton players. They have been shoved into tiny cubicles with 3 in a room. The GOC says it’s looking for $50,000 to help its members prepare for the Games. The ministry says it has no money for them.
Same Ministry has set a target for them to finish in the top 5 of the medal table. To do that, the country needs to win at least 100 medals. The last Africa Games in Morocco, Ghana only won 13. They haven’t put a plan in place to cover the 87 medal difference, but they have set that target for the athletes.
The Olympic Games is in 6 months and as we speak, no single Ghanaian boxer has qualified for the Games. They have a qualifying event in Italy next month. The Ghana Boxing Federation needs economy class tickets for its boxers to go and compete for a qualifying slot. The ministry has still not purchased those tickets, which would cost less than $20,000 for the 10 or so boxers.
But this ministry blew $600,000 to bus fans to go and watch their favorite Black Stars, and paid $400 as per diems to the over 200 fans they took.
They still owe the Black Princesses per diems for 2.5 weeks (not bonuses) for winning the WAFU B Girls’ competition which was played in June 2023.
They owe the Black Queens winning bonuses for 3 rounds of qualifying matches ($2500 per player per round). And yes, they don’t pay the women bonuses for winning a game, they pay them bonuses for winning a tie (home and away) and it’s $2500 for the two. They qualified for the AWCON and are one tie away from booking an Olympic ticket.
They owe the Black Princesses (again) bonuses for 3 rounds of qualifiers. Those rounds led them to securing qualification to a 7th consecutive U-20 Women’s World Cup.
The Youth Resource Centers are rotting away, because the NYA (under the Sports Ministry) say they don’t have money to complete them.
The NSA (under the Sports Ministry) closed down the stadiums in December for concerts, ostensibly to raise monies to maintain same. Because the ministry says it has no money to help maintain the facilities.
Yet, they always have money when it comes to the Black Stars.
It is clear then, that money isn’t actually the issue. The issue here is greed, selfishness, corruption and a general lack of foresight. Because tell me how this makes sense?
🎧 Welcome to Season 3 of the #HighEnergyPlanet podcast, hosted by @KatieAuth & @MutisoRose!
For the 1st episode of the season, @vijramachandran joined us to talk about climate hypocrisy of rich countries, the problem with climate finance, and more.
https://t.co/jQtlHcxEwK
We're thrilled to share that @voxdotcom named @energyforgrowth to its list of most effective climate organizations for 2023. ⚡
Learn more below about how you can help support a high-energy, climate-resilient future for all.
https://t.co/ZTe4veVzmw
At #COP28, world leaders must commit to a new Modern Energy Minimum of 1,000 kilowatt-hours per person per year.
By delivering a minimum level of #energy, those without can enjoy improved livelihoods and greater economic opportunity.
https://t.co/ywQvH1ykMF
Everyone on the planet deserves abundant energy. Higher energy consumption can – and must – co-exist with achieving climate goals.
In a new @wef blog, @aherscowitz, @toeydayal & @toddjmoss call for leaders to commit to a Modern Energy Minimum at #COP28 ⤵️
https://t.co/kx6SMv3zyD
In a new memo, @mthurber explains why using “best practices” might not be the best regulatory approach for emerging #energy markets and recommends situation-specific strategies: https://t.co/SSIlko8fTt
The reach of 3G and 4G networks across Africa has expanded significantly, but the number of mobile internet subscribers has remained almost flat. @mpblimpo explains why and details a solution (spoiler alert: it’s all about electricity…): https://t.co/PVQv1qYlez
I think everyone has an "opinion" about Africa's choices in its energy mix because it's easier to bully Africans. Why else would they focus their attention away from India and China? India's coal use is up 83% boss, 83%!. India is doing what it thinks is best for Indians.
When the US tries to reverse a coup, what happens?
New Statecraft interview with @toddjmoss, who was tasked with reversing a 2008 coup in Mauritania. https://t.co/HLFBYVJSeI
My @TEDTalks is now online.
I argue that we have the opportunity to build a world where we can all live well, and tackle our environmental problems at the same time.
This is possible, but not inevitable. We have to push to make that a reality.
https://t.co/16rQBiJ7E8
Must watch, especially if you don't know @_HannahRitchie and her important work yet and/or if you think climate change means we are doomed.
Here's what a facts-based, solution-oriented view on climate change looks like. 13 minutes well spent :)
https://t.co/42A28Tthqk
Yall, a whole TED talk?!🤯
I share one simple message: If Africa had a fair💵playing field, her clean energy future would build itself! Africa's innovators want partnership, not charity.
Watch for how and thank you for coming to my TED Talk!🎬
https://t.co/rWx0k2Uppf @TEDTalks
Well done @ISHMAELACKAH & PURC... blazing the trail on much needed transparency in the power sector. Follow the link for Ghana's PPAs contract register https://t.co/5Y75jOvlbS
The bad news for South African power keeps piling up. But Ghana is making impressive headway on transparency. Kudos @ISHMAELACKAH 👏👏👏 🇬🇭@IEAGhana@rushaiyatanko
https://t.co/7BcAdzm2pP
Stronger standards for transparency and multi-stakeholder dialogue btn govt, industry and CSOs are important for mitigating governance and corruption risks and strengthening the energy sector’s contribution to sustainable development outcomes
https://t.co/7AUGhcrqAk
Zambia's power sector is under immense financial & technical strain leading to load shedding & unreliable electricity. One main reason- undisclosed electricity contracts. Join @TIZambia@CTPD@EITIZambia today for a public forum on PPA Transparency https://t.co/7AUGhcrqAk