IISD in the news

What future for oil nations in a zero-carbon world?

An oil and gas discovery used to be a dream for developing countries, bringing immense foreign investment and the chance of a miraculous route out of poverty. After 13.1 million tonnes of gas were discovered off the coast of Mozambique in 2010, French energy giant Total announced an investment in the country worth $20bn – nearly twice the size of the country’s economy.

October 4, 2021

IISD in the news details