Mobilising private climate finance for sustainable energy access and climate change mitigation in Sub-Saharan Africa

Ensuring access to sustainable energy is equally relevant for both sustainable development and climate change mitigation. Mobilising private finance in Sub-Saharan African (SSA) countries will, in turn, be of crucial importance for achieving both Sustainable Development Goal (SDG) 7 – which calls for universal energy access – and climate change mitigation goals defined under the Paris Agreement. In this paper, we assess how UNFCCC-backed climate finance instruments have engaged private investment for energy-focused climate mitigation in SSA. Based on this assessment, we develop recommendations for public climate finance institutions. Our work builds on documentary and database analysis and interviews, as well as participatory methodologies applied at a stakeholder workshop conducted in Kampala, Uganda, in 2018. Three case studies from Ethiopia, Madagascar and South Africa illustrate how climate finance interacts with domestic policy instruments, including in relation to the Kyoto Proto

Mobilising private climate finance for sustainable energy access and climate change mitigation in Sub-Saharan Africa


Authors : Alex Michaelowa, Stephen Hoch, Anne-Katherine Weber, Ruth Kassaye, Tesfaye Hailu
Publisher : Climate Policy
Publication Type : Journal Article
Country : Sub-Saharan Africa
Language : English
Year : 2020