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intitle:
The document title intitle:"climate education"
ispublisher:
The publishing organization ispublisher:CAPE
insummary:
Summary and key findings insummary:"conflict of interest"
hasconcept:
Climate tags, frame/perspective and analysis type hasconcept:"Climate Justice"
geography:
Regions the document covers or discusses geography:Canada
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Document type doctype:report
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Document language, as an ISO code lang:fr
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Analysis TypeMacro-economic analysis
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  • The document outlines a proposed African-led financial architecture to move from crisis resolution to prevention. The first pillar, the African Financial Stability Mechanism (AFSM), is a proposed regional financing arrangement (RFA) providing concessional liquidity, including a specific climate shock liquidity facility, to manage exogenous shocks. The second pillar, the African Stability and Growth Pact (ASGP), is a flexible fiscal governance framework that uses peer accountability and nationally tailored fiscal rules rather than uniform targets. The two are integrated such that access to AFSM liquidity is linked to a country's commitment to and performance under the ASGP. The framework is designed to be hosted by the African Development Bank (AfDB) with oversight from the African Union (AU), and capitalised through a blend of member contributions, Special Drawing Rights (SDRs), and development finance.

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    Themes: climate financeclimate change adaptationBlended Finance
    FSD Africa

    Document type: Report

    Regions: Africa
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