Methodology for the Landscape of Climate Finance in Africa

The methodology for the Landscape of Climate Finance in Africa 2024 describes the framework used to identify and categorize climate finance flows. It employs a taxonomy to distinguish between mitigation, adaptation, and dual-benefits finance across sectors such as energy, transport, and agriculture. The approach relies on a mix of public and proprietary data from sources like the OECD, BNEF, and the World Bank, while acknowledging significant gaps in domestic public expenditure tracking and private sector reporting. The document also details the classification of African countries by subregion and income status.

• The Africa Landscape report tracks primary financing for climate resilience and greenhouse gas (GHG) emissions reduction in Africa, using a two-year average for 2021 and 2022 to minimize the impact of annual fluctuations.
• Climate finance is categorized into three types: mitigation finance (reducing/avoiding GHG emissions or enhancing sinks), adaptation finance (reducing vulnerability and increasing resilience), and dual-benefits finance (meeting criteria for both).
• The methodology excludes certain investments that risk locking in future GHG emissions, specifically efficiency retrofits for coal-fired power plants and transition fuels such as natural gas.
• Tracking domestic public finance in Africa is hindered by a lack of standardized definitions, guidance, and unified databases across national and subnational levels, as well as limited public information on budget codes.
• Private sector climate investments, particularly in adaptation, are difficult to track due to confidentiality, lack of impact metrics, and the fact that adaptation activities are often integrated into larger development or business projects rather than being standalone.
• Chinese public investments in Africa averaged USD 18.4 billion per year between 2010 and 2021, but tracking their climate relevance is difficult because China is not an OECD member and uses a wide array of investment actors including SOEs and policy banks.
• Risk management instruments, such as guarantees and insurance, are excluded from total climate finance figures because their actual disbursements are contingent upon uncertain future events.

APA

Climate Policy Initiative (2024). Methodology for the Landscape of Climate Finance in Africa. https://www.climatepolicyinitiative.org/wp-content/uploads/2024/10/Methodology-Landscape-of-Climate-Finance-in-Africa-2024.pdf

Chicago

Climate Policy Initiative. Methodology for the Landscape of Climate Finance in Africa. 2024. https://www.climatepolicyinitiative.org/wp-content/uploads/2024/10/Methodology-Landscape-of-Climate-Finance-in-Africa-2024.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=Methodology for the Landscape of Climate Finance in Africa |date=October 2024 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2024/10/Methodology-Landscape-of-Climate-Finance-in-Africa-2024.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2024methodology, author = {{Climate Policy Initiative}}, title = {{Methodology for the Landscape of Climate Finance in Africa}}, institution = {Climate Policy Initiative}, year = {2024}, month = oct, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2024/10/Methodology-Landscape-of-Climate-Finance-in-Africa-2024.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }