Landscape of Climate Finance in Burkina Faso

In 2019/2020, Burkina Faso received USD 567 million in climate finance, covering only 13% of the USD 4.1 billion needed by 2050 to meet its NDC targets. Public finance dominated the landscape, accounting for 80% of total flows, with a heavy reliance on international multilateral and bilateral DFIs. Energy systems and Agriculture, Forestry, and Other Land Use (AFOLU) were the primary recipients of funds, though significant gaps remain in water and wastewater sectors. The report highlights critical barriers, including political instability, a lack of domestic climate budget tagging, and the absence of a robust Monitoring, Reporting, and Verification (MRV) framework, which hinders the attraction of further donor funding and private investment.

• Burkina Faso faces a massive investment gap, with only USD 567 million invested in climate-related activities during 2019/2020, representing just 13% of the estimated USD 4.1 billion required to deliver on its NDC by 2050.
• Climate finance is heavily skewed toward public sources, with public actors providing USD 452 million (80%) of the total, while private sector contributions lagged at USD 116 million (20%).
• International public finance constitutes the majority of the funding, totaling USD 431 million (76% of all climate finance), primarily delivered as low-cost debt (42%) and project-level debt (21%).
• Energy systems received the highest share of climate finance at USD 249 million (44%), followed by AFOLU at USD 148 million (26%), cross-sectoral investments at USD 95 million (17%), and water and wastewater at USD 50 million (9%).
• The water and wastewater sector represents the most significant sectoral gap, receiving only USD 50 million against a cumulative estimated need of USD 302 million.
• The absence of a domestic budgetary climate tagging framework prevents an accurate assessment of state-level climate spending, creating a discrepancy between tracked data and local perceptions of domestic finance availability.
• Burkina Faso's inclusion on the Financial Action Task Force (FATF) grey list and the lack of a functional Monitoring, Reporting and Verification (MRV) framework impede the ability to attract donor funding due to fiduciary and corruption concerns.

APA

Azhar, H., & Meattle, C. (2022). Landscape of Climate Finance in Burkina Faso. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2022/10/Landscape-of-Climate-Finance-in-Burkina-Faso.pdf

Chicago

Azhar, Haysam, and Chavi Meattle. Landscape of Climate Finance in Burkina Faso. Climate Policy Initiative, 2022. https://www.climatepolicyinitiative.org/wp-content/uploads/2022/10/Landscape-of-Climate-Finance-in-Burkina-Faso.pdf.

Wikipedia

{{cite report |last1=Azhar |first1=Haysam |last2=Meattle |first2=Chavi |title=Landscape of Climate Finance in Burkina Faso |publisher=Climate Policy Initiative |date=October 2022 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2022/10/Landscape-of-Climate-Finance-in-Burkina-Faso.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{azhar2022landscape, author = {Azhar, Haysam and Meattle, Chavi}, title = {{Landscape of Climate Finance in Burkina Faso}}, institution = {Climate Policy Initiative}, year = {2022}, month = oct, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2022/10/Landscape-of-Climate-Finance-in-Burkina-Faso.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }