Africa is on the frontline of climate change. Droughts, floods, heatwaves, and other climate shocks are already affecting communities, economies, and infrastructure, yet the continent receives only a fraction of the global climate finance required to address these challenges.
Over the past decade, climate capital—funds intentionally directed at cutting emissions or building resilience—has grown steadily. Yet much of it remains concentrated in familiar areas, such as large-scale renewable energy, energy-access projects, and climate-resilient infrastructure. Moreover, development institutions and global climate funds have played an outsized role, providing the risk coverage and long-term support that private investors often cannot.
Global frameworks like the Paris Agreement have put Africa on the radar of international investors, but local realities like rapid population growth, persistent energy gaps, and high vulnerability to climate shocks mean the continent cannot wait. Some sectors and regions are already attracting substantial investment, while others lag behind. Different types of
