Climate Finance and Adaptation Strategies for African Economies
Authors
Dr. Blessing Mwale, Dr. Yusuf Ahmed
Abstract
Analysis of climate finance flows to Africa and assessment of adaptation strategies for building economic resilience to climate change impacts.
Overview
This report examines climate finance mobilization, allocation, and effectiveness in African countries, providing recommendations for scaling up adaptation investments and integrating climate considerations into economic planning.
Key Findings
- 1
Climate finance to Africa reached $38 billion in 2024
- 2
Adaptation funding increased to 35% of climate finance
- 3
Climate-related losses estimated at 2-3% of GDP annually
- 4
Nature-based solutions scaling across 25 countries
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