In the case of Mozambique Total has an unfinished project developing a gas field and building an LNG terminal. Due to ISIS attacking similar infrastructure in the country, they stopped construction. However Mozambique is already in a lot of debt and is just about able to serivce it. If Toal finishes the gas projects however, it becomes much more likely that Mozambique pays back its debt. Obviously the lenders lobby for fossil fuels in this case.
However the loans are not directly tied to the gas project and Mozambique could go renewable to repay its loans, but the LNG project is by far the most likely as construction has already started.
In the case of Mozambique Total has an unfinished project developing a gas field and building an LNG terminal. Due to ISIS attacking similar infrastructure in the country, they stopped construction. However Mozambique is already in a lot of debt and is just about able to serivce it. If Toal finishes the gas projects however, it becomes much more likely that Mozambique pays back its debt. Obviously the lenders lobby for fossil fuels in this case.
However the loans are not directly tied to the gas project and Mozambique could go renewable to repay its loans, but the LNG project is by far the most likely as construction has already started.
https://theexchange.africa/countries/mozambiques-debt-repayment-hinges-on-totals-lng-project/
https://www.bbc.com/news/world-africa-56886085