{"id":27744,"date":"2022-10-13T16:52:03","date_gmt":"2022-10-13T16:52:03","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/tonela-calls-for-fair-energy-transition-at-the-coalition-of-finance-ministers-for-climate-action-8th-ministerial"},"modified":"2022-10-13T16:58:21","modified_gmt":"2022-10-13T16:58:21","slug":"tonela-calls-for-fair-energy-transition-at-the-coalition-of-finance-ministers-for-climate-action-8th-ministerial","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/tonela-calls-for-fair-energy-transition-at-the-coalition-of-finance-ministers-for-climate-action-8th-ministerial","title":{"rendered":"Tonela calls for fair energy transition at the Coalition of Finance Ministers for Climate Action 8th Ministerial"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s economy and finance minister, Max Tonela, on Wednesday in Washington advocated a \u201cjust energy transition\u201d for poor countries exposed to climate change, through combined investments in their fossil fuels and renewables.<\/p>\n<p>\u201cWe need a just energy transition, which will allow countries like Mozambique to exploit the energy resources they have to ensure universal access to energy,\u201d Tonela said, cited in a statement released by the Mozambican government.<\/p>\n<p>He was speaking in the US capital, on a panel of the Coalition of Finance Ministers for Climate Action, as part of the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB).<\/p>\n<p>Noting that Mozambique lives the paradox of being one of the most punished by climate change, but being among the least polluting, Max Tonela stressed that the country has huge reserves of natural gas that can make it an \u201cimportant actor\u201d in the supply chain, on a global scale, and in the energy transition to clean sources.<\/p>\n<p>\u201cWe need the support of international financial institutions not only to finance climate adaptation, but also for natural gas exploration projects and diversification of energy sources, through an increased use of renewable energy,\u201d he stressed.<\/p>\n<p>The world, he continued, will still need fossil fuels, mainly natural gas, because alternative sources are still \u201cintermittent\u201d and are far from guaranteeing a firm supply.<\/p>\n<p>Tonela noted that Mozambique is paying a heavy price for the impact of climate change, through the devastation of economic and social infrastructure, as well as the loss of human lives.<\/p>\n<p>Cyclically, he continued, the country is affected by floods and cyclones.<\/p>\n<p>In this sense, the country is committed to the decarbonisation of the planet, making available to Southern Africa and the world energy sources considered less polluting, as is the case of natural gas.<\/p>\n<p>Still ton Wednesday, the Mozambican minister presented to the IMF and WB the package of measures for the recovery of the economy recently approved by the Maputo executive.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique\u2019s economy and finance minister, Max Tonela, on Wednesday in Washington advocated a \u201cjust energy transition\u201d for poor countries exposed to climate change, through combined investments in their fossil fuels and renewables. \u201cWe need a just energy transition, which will allow countries like Mozambique to exploit the energy resources they have to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":27743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-27744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tonela calls for fair energy transition at the Coalition of Finance Ministers for Climate Action 8th Ministerial - 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