Africa
CPI’s work in Africa and full range of services supports governments, financial institutions, civil society organizations, and the private sector to close the climate finance gap and improve the geographic distribution, private sector participation, and equity investment in climate action and sustainable growth.
CPI developed the first-of-its-kind Landscape of Climate Finance in Africa, a comprehensive assessment of climate finance flows and mobilization in the region, regularly cited by policymakers, advocacy organizations, investors, and the media. Country-level tracking work includes Burkina Faso, Ethiopia, Ghana, Kenya, Nigeria, and South Africa.
CPI was the implementation partner for GNIplus in Kenya, a four-year program that supported the Kenyan government to achieve its NDCs. Other CPI programs and workstreams that support the expansion and effectiveness of climate investment and sustainable development in Africa include our work in Adaptation, in Cities via the Cities Climate Finance Leadership Alliance, Sustainable Agriculture, with the South Africa President’s Climate Commission on aligning climate finance with South African’s Green Finance Taxonomy, and in Just Transition, through our work supporting fossil fuel just transition efforts such as the South Africa JETP and other carbon transition efforts.
CPI is best known for its innovation and mobilization of climate finance in Africa through our Global Innovation Lab for Climate Finance. The Lab’s Southern Africa workstream launched in 2019 and was expanded to include East African countries in 2023. More recently, CPI has launched the Catalytic Climate Finance Facility, in which 50% of its inaugural 2023 cohort targets African markets, and the ClimateShot Investor Coalition, an action-oriented group of investors working to rapidly scale-up finance for sustainable agrifood systems.
Our Africa team is guided by Jonathan First, and includes local experts as well as support from our Africa-focused specialists in our United Kingdom office.
Featured work
Publication
Landscape of Climate Finance in Africa 2024
The most comprehensive overview of climate investment flows in Africa.
Publication
Climate Finance Needs of African Countries
An assesment of the climate finance needs of African countries to implement their NDCs.
Publication
Climate Finance Innovation for Africa
Meeting Africa’s climate finance needs will require significantly higher levels of investment, especially from the private sector. This publication provides a framework for how financial and non-financial solutions can be efficiently deployed to overcome barriers to finance and capitalize climate solutions in Africa.
Partners
Latest work
Blog
Breaking Down Silos: Integrating Gender and Climate Goals in Blended Finance Transactions
Growing evidence demonstrates that women play a critical role in achieving climate goals, both as leaders in advancing climate solutions and as beneficiaries. There is, therefore, an urgent need for more investments in transactions that incorporate both gender and climate considerations.
Publication
InvestHer Climate Resilience Bond
The InvestHER Climate Resilience Bond promotes CSA practices and gender mainstreaming by improving access to credit for women-led or owned agri-SMEs and providing technical assistance to enhance their impact on women farmers.
Publication
Clean Utilities for Affordable Housing
Clean Utilities for Affordable Housing expands access to renewable energy for low-income households by partnering with landlords and using credit enhancement strategies to attract large-scale commercial capital.
Publication
Resilient Municipal Market Fund (ReMark)
ReMark’s blended finance facility supports municipal markets across Africa to build urban infrastructure resilience, reduce food waste, improve food security, safeguard vulnerable livelihoods, and reduce greenhouse gas emissions.
Publication
The Landbanking Group
The Landbanking Group (TLG) has created a new methodology for valuing nature and a market mechanism (Nature Equity Assets) to allow direct investment into natural capital stocks – biodiversity, carbon, soil, and water.
