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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 report examines how Chile, Indonesia, and South Africa integrate mining sector decarbonization into their climate commitments. It finds that while mining is economically vital and essential for the energy transition, it is often not explicitly identified in NDCs, making cross-country comparison difficult. Chile is highlighted as a benchmark with sector-specific targets, whereas Indonesia and South Africa largely aggregate mining emissions within broader energy or industrial categories.

The document outlines a 'Decalogue of Ambition' for NDCs, emphasizing the need for science-based emission reductions, sector-specific targets, and a transition away from fossil fuels. It details requirements for mitigation, including a 43% global reduction by 2030, and adaptation, focusing on climate resilience in agriculture, health, and infrastructure. The guide also stresses the importance of just transition, gender equality, and the mobilization of finance from developed to developing nations.

The document analyzes Colombia's electricity balance through 2038, finding that while average energy supply remains sufficient, 'firm energy' (reliable capacity) faces deficits as early as 2029 depending on the coal phase-out scenario. To avoid these deficits, the report argues for significantly accelerating renewable energy deployment, improving transmission infrastructure, and implementing energy storage to replace the high reliability of coal plants.

The City of Ithaca collaborated with Cornell University and RMI to model 5,468 buildings using a combination of the Urban Building Energy Model (UBEM) and the Green Upgrade Calculator (GUC). The analysis found that combining air-source heat pumps with envelope improvements and rooftop solar significantly reduces operating costs and electricity demand. The study identifies residential homes in low-income communities and certain downtown commercial buildings as high-priority targets for cost-effective decarbonization.

The report argues that transitioning Manitoba's building sector off fossil fuels through deep energy retrofits (DERs) can reduce provincial emissions, lower home energy costs, and spur green industrial growth. It proposes a neighbourhood-level retrofit program and a workforce development strategy to achieve net-zero by 2050.

The Net Zero Stocktake 2024 reveals a consolidation of net zero targets across countries, cities, and companies, but highlights a critical gap in integrity. While national targets now cover 87% of global GHG emissions, fewer than 5% of non-state entities meet all minimum procedural and substantive integrity criteria. The report emphasizes that national targets often act as a 'ceiling' for subnational ambition, though some regions in countries like Australia and Japan have historically pushed national goals forward. It also notes that members of the Race to Zero campaign generally outperform non-members on integrity measures, although absolute performance remains low.

The report highlights that China's steel industry requires at least 1.6 trillion yuan (approximately 220 billion USD) in fixed asset investment to achieve decarbonisation by 2050. While technical feasibility for zero-carbon steel exists, high costs remain a barrier. The document argues that transition finance, carbon pricing mechanisms like the EU's CBAM, and green public procurement are essential to drive investment toward deep decarbonisation technologies, such as low-carbon hydrogen, and to avoid 'carbon lock-in' as 78% of existing coal-based blast furnace capacity requires reinvestment by 2030.

The report highlights that China's steel sector requires at least CNY1.6tn (USD220bn) in fixed-asset investment for decarbonisation by 2050. While the labelled bond and loan markets have the capacity to provide this capital, current issuance from the steel sector is minimal, representing only 0.1% of the Chinese labelled bond market. The document recommends aligning provincial transition finance guidelines with national and international standards, encouraging the use of greenhouse gas (GHG) emission-reduction targets in sustainability-linked bonds (SLBs), and implementing green public procurement to stimulate demand for low-carbon steel.

Tracked urban climate finance reached USD 831 billion in 2021/2022, more than doubling since 2017/2018. However, this remains severely insufficient compared to estimated annual mitigation needs of USD 4.3 trillion by 2030. Finance is heavily concentrated in developed economies and China, with critical gaps in sub-Saharan Africa and South Asia. While mitigation flows are dominated by transport and buildings, adaptation finance is significantly lower at USD 10 billion, primarily focused on water and wastewater. The report advocates for a '4C Urban Climate Finance Agenda'—Commitment, Collaboration, Capacity, and Capital Mobilization—to bridge the investment gap.

The report finds that while urban climate finance more than doubled to USD 831 billion in 2021/2022, it must increase more than fivefold to align with a 1.5°C pathway. Mitigation needs are dominated by transport, energy, and buildings, with a significant financing gap particularly in emerging markets and developing economies (EMDEs). The document identifies systemic challenges including weak enabling environments and city-level capacity gaps, and proposes the '4C Urban Climate Finance Agenda' (Commitment, Collaboration, Capacity, and Capital Mobilization) to scale investment.

The methodology employs Functional Urban Areas (FUAs) to define urban scope and tracks primary capital flows for mitigation and adaptation. It combines project-level data from sources like the OECD-DAC and BNEF with capital expenditure estimations for transport, buildings, and energy systems. Needs assessments are derived from top-down global models, adjusted by regional urban population shares and sector-specific inclusion criteria.

The Clean Utilities for Affordable Housing instrument aims to raise USD 54 million (ZAR 976 million) to provide renewable energy as a service to affordable housing residents in South Africa. By partnering with major landlords to aggregate demand and using a catalytic subordinated funding vehicle to derisk investments, the model attracts commercial senior debt to fund solar installations. The first phase targets 28,000 housing units over five years, aiming to generate 1,352 GWh of renewable energy and avoid 1,369 ktCO2e. The instrument is designed to be financially sustainable, with a projected Fund internal rate of return (IRR) of 20-30% in the base case, and intends to expand into township retail and the Kenyan market.

The Sustana Cooling India Fund is a USD 100 million blended capital equity fund designed to support early-growth companies in India's cooling sector. By utilizing a first-loss cushion and combining senior and subordinated equity, the fund aims to de-risk investments in energy-efficient space cooling and cold supply chains. The instrument targets the 'missing middle' of funding (pre-Series A/B stages) to drive both climate mitigation and adaptation, with a projected return of 18.04% in USD terms for limited partners.

The policy brief outlines three core principles for the implementation of the EU's Social Climate Fund (SCF): ensuring meaningful public participation, prioritising structural solutions over temporary relief to avoid fossil fuel lock-ins, and mobilising additional financing beyond the mandatory 25% contribution. It argues that the SCF's budget of EUR 65 billion is insufficient to tackle the root causes of energy and transport poverty and calls for the redirection of ETS revenues and the elimination of fossil fuel subsidies to support vulnerable households.

The report argues that Manitoba requires a massive, publicly led effort to implement deep energy retrofits (DERs)—defined as improvements reducing energy use by at least 50%—to meet 2050 net-zero targets. It estimates that 200,000 home retrofits are needed, requiring an annual investment of CAD 1.2 billion. The authors propose the creation of a Manitoba Green Bank to provide low- or no-interest financing and the adoption of a retrofit code by 2025. The strategy emphasizes a 'just transition' by prioritizing low-income renters and utilizing social enterprises to train underrepresented groups, including women and Indigenous Peoples, for the thousands of green jobs expected to be created.

The document uses EnergyScope modeling to evaluate how four Latin American countries can align with COP 28 global energy targets. It concludes that a literal tripling of capacity is not necessary for all countries to meet projected demand and that combining renewable expansion with doubled energy efficiency can reduce the required installed capacity.

The report analyzes four Latin American countries, finding that while a literal tripling of renewable capacity is unfeasible or unnecessary for Brazil, Chile, and Colombia due to their existing high renewable shares, it could meet Argentina's demand but remains practically unattainable. It proposes 'sustainable progression' scenarios that balance demand with renewable growth and energy efficiency, highlighting the roles of solar, wind, and bioenergy in reducing greenhouse gas emissions by 2030.

The We Mean Business Coalition argues that for NDCs to be 'investible', they must move beyond ambitious targets to include concrete implementation policies. The document proposes a three-pillar approach: setting ambitious economy-wide and sector-specific targets, developing consistent national and international policy frameworks, and establishing transparent dialogue between governments and businesses. It highlights that while renewable energy and electric vehicle adoption are accelerating, sectors like heavy industry and aviation require more targeted government intervention to overcome investment barriers. The report provides illustrative examples of successful policy-driven investments in India, Brazil, Sweden, the EU, and the US.

The We Mean Business Coalition urges governments to align NDCs with a 1.5°C pathway and the Global Stocktake outcomes to provide the policy stability necessary for business investment. The call to action focuses on three pillars: setting ambitious economy-wide and sector-specific targets, developing consistent national and sectoral policy frameworks, and establishing inclusive dialogues with the private sector to co-create implementation solutions.