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France to double investments in renewable energy in Africa

France will give African countries two billion euros to develop renewable energy.

FILE: France will give African countries two billion euros to develop renewable energy. Picture: AFP

PARIS - French President François Hollande says his country plans to spend billions of euros in renewable energy and other environmental projects in Africa over the next five years.

It comes hot on the heels of a number of other cash pledges and green initiatives by world leaders at the COP21 Climate Talks in Paris.

More than 40,000 delegates are meeting to try to hammer out a global climate deal.

Africa may produce relatively few carbon emissions, but the continent is particularly vulnerable to a changing climate with populations that are poorer and more rural.

President Hollande says his government will double investments in renewable energy generation on the continent to €2 billion up to 2020.

France will also give another €1 billion to help Africa fight desertification.

Meanwhile, he's also partnered with Indian President Narendra Modi to launch an international solar alliance of more than 120 countries.

It's all very welcomed and very strategic for the host of these negotiations.

Their initiatives which seek to help the developing world cope with climate change and potentially ease the rich-poor country divide in these talks as 190 nations try to find some common ground.