The African views are in contrast with the global view, where high energy price volatility has for the first time replaced climate framework as the top critical uncertainty.
Bonang Mohale, WEC vice-chair
As a change from last year's findings, African national governments and regional institutions are taking actions in energy efficiency and regional interconnection, while investment cooperation with
Climate framework and CCUS
The report captures the views of over 800 energy leaders including ministers, chief executives and the heads of the WEC's national members committees covering 84 countries.
In its global findings, climate framework uncertainty is now perceived by energy leaders to have less impact than in the previous three years of the study. Meanwhile, carbon capture, utilisation and storage (CCUS) continues to be viewed as a technology having limited impact.
Energy leaders are also increasingly concerned about the sector's ability to access the capital markets for funds towards energy infrastructure, when set against a continued recessionary backdrop.
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