The UN Sustainable Energy For All (SEFA) initiative looks like a massive exercise in greenwash. Chad Holliday, Chair of the Bank of America and Co-Chair of SEFA, describes it as “the greatest public-private partnership of all” – approaching $50 billion in commitments. A representative of the UN General-Secretariat says that “implicit in SEFA is that all options are open” – including all fossil fuel options.
Norway, a key funder of SEFA, is promoting its “Oil for Development” scheme, which proposes to exploit Africa’s great gas resources. And Bloomberg New Energy Finance has described nuclear power as “absolutely fantastic”
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