Senegal seals $2.7 billion green energy deal with richer nations
SENEGAL struck a deal with wealthier countries that will see it get an initial 2.5 billion euros ($2.74 billion) in finance to develop renewable energy and speed up its transition to a low-carbon economy. The Senegal Just Energy Transition Partnership (JETP), backed by France, Germany, the European Union, the United Kingdom and Canada, comes as richer countries are urged to do more to help poorer peers in the fight against climate change. The money will be used to help Senegal achieve its target of 40% of installed capacity from renewable energies by 2030, and a draft investment plan will be…