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. We continue to work with the South African government to institutionalize climate finance tracking and assess the interoperability and usability of its green finance taxonomy.
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, in Food Systems via Sustainable Agriculture, and in Just Transition through our work supporting efforts to phase out fossil fuels 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, which accelerates the implementation of 8 high-impact, ready-to-scale financial structures targetting African markets, and the ClimateShot Investor Coalition, which supports 15 agribusinesses innovating in sustainable solutions for agrifood systems in sub-Saharan Africa..
Our Africa team is guided by Jonathan First and includes local experts as well as support from our Africa-focused specialists in our UK office.
Africa Impact Report
Read more about the highlights and achievements of our work in Africa in CPI’s Africa Impact Report 2024.
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
Publication
Assessing International Interoperability and Usability of the South African Green Finance Taxonomy
This technical report, prepared for the South African National Treasury, evaluates the South African Green Finance Taxonomy’s international alignment and interoperability with other green and sustainable finance taxonomies through a comparative analysis of three key principles that define the eligibility criteria for economic activities, sectors, and projects to qualify as green.
Blog
Guaranteeing change: mapping the landscape of guarantees in Africa
The disparity between Africa’s climate finance requirements and existing funding is stark. With an urgent need for catalytic interventions to bridge the gap, guarantees offer one such solution.
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.
