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Titolo completo
Making Climate Finance Work for Africa: Landscape, Challenges and Opportunities

Autori Margherita Bianchi | Domenico Villano | Duccio Maria Tenti
Data pubblicazione
Climate finance stands as the foremost instrument for translating Africa’s sustainable development ambitions into reality. Today, Africa attracts less than 3 per cent of spending on energy. Yet the challenge is not only one of quantity – closing the vast funding gap that prevents African countries from pursuing green industrialisation, renewable energy expansion and climate-resilient economies – but equally one of quality and effectiveness. This paper examines the climate finance landscape as it pertains to the African continent, with a view to understanding the structural dimensions of the current funding architecture, and to mapping the scale and composition of climate finance flows to Africa. The paper then turns to the principal challenges that constrain the effective mobilisation and deployment of climate finance in African contexts. Drawing on this analysis, this work identifies a set of best practices, solutions and reform pathways.

Details
Rome, IAI, June 2026, 39 p.
In
Other papers and articles
ISBN/ISSN/DOI
978-88-9368-406-4; 10.82088/9788893684064

Foreword
Introduction
1. The current landscape of climate finance in Africa
1.1 The ambition vs. reality gap
1.2 Imbalances and discrepancies in climate finance flows
1.3 A growing set of actors
1.4 The role of insurance in Africa’s climate finance architecture
2. Key challenges of climate finance in Africa
2.1 High transaction costs and persistent matchmaking failures
2.2 Declining international commitments and uncertainty
2.3 The unfulfilled promise of blended finance
2.4 High sovereign debt burdens as a binding constraint
2.5 Short-term and volatile funding frameworks
3. Policy solutions and best practices to unlock climate finance in Africa
3.1 Addressing structural climate finance challenges through a mission-based approach
3.2 Structured intermediation platforms for climate finance mobilisation
4. Emerging opportunities
4.1 Cost declines in climate technologies
4.2 Technological innovation
Conclusions
Abbreviations