The China-Shaped Hole in Natural Gas Financing

Source: China’s Global Energy Finance Database, Boston University Global Development Policy Center

The role of natural gas in African green transitions has become a flashpoint as Europe tries to maximize its own access to African natural gas while also discouraging African countries from factoring it into their own development plans. New research from Boston University’s Global Development Policy Center shows that China has retreated from financing gas projects around the world over the last five years. Of that financing, the vast bulk went to Europe and Central Asia, with the Middle East and North Africa coming a distant second at 9% of the total. The question is whether COP27 will change that dynamic.

Read more on the Boston University Global Development Policy Center’s website

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