Scoping the Sustainable Finance Landscape in Africa: Green Bonds

The report assesses the nascent green bonds market in Africa, noting that while it is gaining traction as a tool for climate mitigation and adaptation, it remains underdeveloped. The market is currently dominated by a few states and represents less than 1% of global issuance volumes. Key barriers to growth include institutional incapacity, a lack of national frameworks, and low awareness, although prospects for expansion are high as more states plan issuances or develop national guidelines.

• The green bonds market in Africa is currently underdeveloped and concentrated among a few countries, accounting for less than 1% of the total global issuance volume.
• Multilateral development institutions have played a significant role in the market, but growth is hindered by low awareness, institutional incapacity, and a lack of national frameworks.
• There is high potential for future market growth because an increasing number of African states are preparing to issue green bonds or are creating national guidelines.

APA

Stockholm Environment Institute (2020). Scoping the Sustainable Finance Landscape in Africa: Green Bonds. https://www.sei.org/publications/scoping-the-sustainable-finance-landscape-in-africa-green-bonds/

Chicago

Stockholm Environment Institute. Scoping the Sustainable Finance Landscape in Africa: Green Bonds. 2020. https://www.sei.org/publications/scoping-the-sustainable-finance-landscape-in-africa-green-bonds/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Scoping the Sustainable Finance Landscape in Africa: Green Bonds |date=5 October 2020 |url=https://www.sei.org/publications/scoping-the-sustainable-finance-landscape-in-africa-green-bonds/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2020scoping, author = {{Stockholm Environment Institute}}, title = {{Scoping the Sustainable Finance Landscape in Africa: Green Bonds}}, institution = {Stockholm Environment Institute}, year = {2020}, month = oct, url = {https://www.sei.org/publications/scoping-the-sustainable-finance-landscape-in-africa-green-bonds/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }