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Rich Nations Spent US$314bn on Fossil Fuels, Africa Pays the Price

April 25, 2026
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NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/rich-nations-spent-us314bn-on-fossil-fuels-africa-pays-the-price/The world’s largest fossil fuel importers collectively spent 313.6 billion subsidising fossil fuels in 2024, more than two and a half times the 121.7 billion they directed toward renewable energy, according to new data published by the International Institute for Sustainable Development (IISD) on April 21, 2026.

The figures cover nine of the ten biggest [] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/rich-nations-spent-us314bn-on-fossil-fuels-africa-pays-the-price/

News Ghana
News Ghana

Coverage and analysis from Ghana. All insights are generated by our AI narrative analysis engine.

Ghana
Bias: center

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