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The New Green Industrial Strategies and Development Prospects for Africa

Volume 3, May 2023 Part 2

Mzukisi Qobo

The New Era of Green Industrial Policies in the EU and the US

Under Joe Biden’s Administration, America is undertaking a large-scale green energy transition through the Inflation Reduction Act, signed into law in August 2022. This Act entails tax credits and subsidies valued at $369 billion for clean energy projects. Goldman Sachs estimates that the US government budget cost could rise three-fold to $1.2 trillion, yielding $3 trillion worth of investments across the renewable energy sectors, including solar, electric vehicles, carbon capture, and hydrogen.

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Opening novel avenues of knowledge in the study of African philanthropy and development, this incisive book provides a critical assessment of philanthropic responses during crisis and non-crisis periods.

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Newsletter Archives

Green energy and its discontents
Green energy and its discontents
April 2023
Need for enlightened global leadership
Need for enlightened global leadership
March 2023
Global Risks and Opportunities Ahead
Global Risks and Opportunities Ahead
February 2023
Welcome To The Global Pivot
Welcome To The Global Pivot
January 2023

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Over the last 20 years Mzu has fulfilled various roles as a leader in the public sector, an academic, and an advisor to decision makers in the government and corporate sectors. He has given keynote addresses and facilitated leadership and stakeholder dialogues across different sectors of society.

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