Climate risk information for financial sector decision-makers in Africa: Gaps and opportunities

The document identifies significant gaps in the availability and application of climate risk information within Africa's financial sector, which may lead to inaccurate asset valuations and increased financial and sovereign risks. It recommends that decision-makers expand their influence to secure necessary data, integrate financial sector transformation into UN Nationally Determined Contributions (NDCs), and conduct detailed mapping of climate risk information for public financial institutions.

• The financial sector in Africa faces difficulties in generating, analyzing, and applying climate risk information, resulting in data gaps that hinder effective decision-making.
• Insufficient climate risk information may lead to the underestimation of risks in asset valuations, capital allocations, and financial product design, potentially increasing sovereign risk and threatening overall financial stability.

APA

Climate and Development Knowledge Network (2022). Climate risk information for financial sector decision-makers in Africa: Gaps and opportunities. https://cdkn.org/resource/climate-risk-information-financial-sector-decision-makers-africa-gaps-and-opportunities

Chicago

Climate and Development Knowledge Network. Climate risk information for financial sector decision-makers in Africa: Gaps and opportunities. 2022. https://cdkn.org/resource/climate-risk-information-financial-sector-decision-makers-africa-gaps-and-opportunities.

Wikipedia

{{cite report |author=Climate and Development Knowledge Network |title=Climate risk information for financial sector decision-makers in Africa: Gaps and opportunities |date=1 September 2022 |url=https://cdkn.org/resource/climate-risk-information-financial-sector-decision-makers-africa-gaps-and-opportunities |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climateanddevelopmentknowledgenetwork2022climate, author = {{Climate and Development Knowledge Network}}, title = {{Climate risk information for financial sector decision-makers in Africa: Gaps and opportunities}}, institution = {Climate and Development Knowledge Network}, year = {2022}, month = sep, url = {https://cdkn.org/resource/climate-risk-information-financial-sector-decision-makers-africa-gaps-and-opportunities}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }