Asia–Africa energy development cooperation: Double coincidence of interests

Khaleel, Ahmad G., Chakrabarti, Milindo and Dharwal, Mridul (2021) Asia–Africa energy development cooperation: Double coincidence of interests. International Journal of Global Energy Issues, 43 (5-6). pp. 692-705. ISSN 09547118

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Double coincidence of interests between Africa and India particularly and Asia generally is becoming more apparent with the emergence of needed tools, frameworks and conditions for simultaneously satisfying all parties interests. This cannot be timelier than now that, development challenges amid resources abundance in Africa can be near-perfect match to the emerging excess capacities/energy need in India to create one of the best opportunities that will systematically result in a win-win situation. Africa’s resources potential of meeting India’s hydrocarbons energy needs while hosting investments to improve financial and technological absorptive capacities indicates the more obvious benefits of such cooperation. However, any energy collaboration strategy should consider the implicit climate change/action impacts (carbon lock-in/carbon bubble) vis-à-vis the cooperation conditions, as world is witnessing the changing attitude of some emerging powers in debt-ridden arrangements towards weaker countries. This will go a long way in uplifting the reputation and acceptance South-South Cooperation.

Item Type: Article
Keywords: Africa | Carbon bubble | Carbon lock-in | Energy security | Hydrocarbons
Subjects: Social Sciences and humanities > Social Sciences > International Relations
JGU School/Centre: Jindal School of Government and Public Policy
Depositing User: Mr. Syed Anas
Date Deposited: 26 Jan 2022 18:14
Last Modified: 26 Jan 2022 18:14
Official URL:


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