Climate Finance in Africa: An overview of climate finance flows, challenges and opportunities

Drawing on recent reports from the United Nations Framework Convention on Climate Change (UNFCCC) Standing Committee on Finance (SCF), UNEP’s Adaptation Gap Reports, Climate Policy Initiative’s State of Climate Finance Reports, and data from the Organization for Economic Cooperation and Development’s (OECD) Development Assistance Committee (DAC) database from 2011- 2021*, this report provides a wholistic view of Africa’s climate finance landscape and presents a coherent story of the gap, challenges and opportunities that exist for African countries to mobilize climate resources.