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Half of global jobs in the critical minerals sector are in Africa, a new report shows

Half of global jobs in the critical minerals sector are in Africa, a new report shows

MORE than fifty percent of the job opportunities that have been created in the global critical minerals subsector are to be found in Africa, according to a new report by the International Energy Agency. “The unprecedented acceleration that we have seen in clean energy transitions is creating millions of new job opportunities globally, said IEA Executive Director Fatih Birol in a recent webinar about the report launch. The job opportunities have been documented in the IEA’s ‘World Energy Employment 2023’ report, which tracks the global energy workforce's evolution between 2019 and the present, analyzing regions, fuels, technologies, and the value…
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Solar power due to overtake oil production investment for first time -IEA

Solar power due to overtake oil production investment for first time -IEA

INVESTMENT in clean energy will extend its lead over spending on fossil fuels in 2023, the International Energy Agency said, with solar projects expected to outpace outlays on oil production for the first time. Annual investment in renewable energy is up by nearly a quarter since 2021 compared to a 15% rise for fossil fuels, the Paris-based energy watchdog said in its World Energy Investment report. Around 90% of that clean energy spending comes from advanced economies and China, however, highlighting the global divide between rich and poor countries as fossil fuel investment is still double the levels needed to…
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