The World Bank is opening up to financing for the development of gas in Mozambique

The World Bank, which announced in 2017 that it would no longer finance projects related to oil and gas, may, on an exceptional basis, finance projects for the development of natural gas in Mozambique to ensure greater access to energy, provided that it is the most cost-effective source among those available in the African country, to provide access to electricity and export energy to other countries, thereby reducing the share of more polluting sources such as coal.

Attention is mainly focused on the sea, where significant volumes of this resource have been discovered in recent years and exported to Europe.