Africa’s shift to renewable energy must be equitable and inclusive, preventing further economic disparities. Without fair taxation policies, the transition risks benefiting corporations and wealthy nations while burdening lower-income communities.
- Redirecting fossil fuel subsidies toward renewable energy investments.
- Implementing progressive tax policies to finance clean energy infrastructure.
- Strengthening tax governance to prevent illicit financial flows in the energy sector.
- Ensuring global tax cooperation to hold multinational corporations accountable.
- Promoting local investment in renewable energy for job creation and energy access.
Tax evasion within the energy sector must be addressed to ensure Africa can mobilize domestic resources for a just transition.
TJNA supports a UN Tax Convention to enforce fair taxation on multinational energy companies, ensuring that renewable energy revenues contribute to economic growth, social development, and climate resilience across the continent.
