The state of climate finance in Africa: climate finance needs of African countries

This brief, which is part of the State of Climate Finance in Africa series (2022), aims to draw attention to the amount of climate finance, in aggregate, that African countries report they need to implement their NDCs, based on the latest NDCs submitted by 53 countries in the region. Secondly, it provides a more detailed analysis of the funding gap that African countries are likely to face without more concerted and better targeted interventions by donors and investors. Thirdly, the brief highlights emerging best practice regarding needs assessment methods and processes. This brief is intended to provide an overview of today’s state of play; more exhaustive assessments and analyses would be needed, especially at the national level, to provide a comprehensive financing roadmap for African countries.

There are five main sections:

• the methodology used to develop this brief (Section 2)
• findings of climate finance needs based on an analysis of the 53 NDCs submitted by African countries, analyzed by subregion, country, thematic area, and sector (Section 3)
• an analysis of the methodologies used by African countries to determine their climate finance needs, including challenges and best practice (Section 4)
• opportunities and recommendations to address climate finance needs at the national and international level in the run up to COP 27 (Section 5), and
• a summary of key findings and conclusions