Africa’s Resource Export Opportunities and the Global Energy Transition

Sub-Saharan Africa has vast non-fuel mineral resources that in some countries constitute major shares of their gross domestic product. The region also contains large oil and natural gas resources, which have been reliable sources of revenue for decades. The region as a whole may be able to prosper from the global shift from oil and gas to renewable energy, but individual countries will feel the impact of the shift in different ways. To predict how these impacts may be felt - and what can be done to strengthen opportunities for export - estimates of trade elasticities of hydrocarbons and nonhydrocarbon metals and minerals provide a valuable guide.

Bibliographic Details

Main Authors:	Galeazzi, Clara, Steinbuks, Jevgenijs, Cust, James
Format:	Brief biblioteca
Language:	English
Published:	World Bank, Washington, DC 2020-12-15
Subjects:	NATURAL RESOURCE EXPORTS, RENEWABLE ENERGY, HYDROCARBONS, OIL AND GAS, CLIMATE SMART INVESTMENT, SUSTAINABLE ENERGY FOR ALL, EXPORT ELASTICITY, ENERGY DEMAND, CLIMATE CHANGE MITIGATION, OIL PRICES, COBALT EXPORTS, NICKEL EXPORTS, COPPER EXPORTS,
Online Access:	http://documents.worldbank.org/curated/en/431621608028194772/Africa-s-Resource-Export-Opportunities-and-the-Global-Energy-Transition https://hdl.handle.net/10986/34946
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