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This report by the Climate Policy Initiative analyzes the climate finance landscape in Ethiopia for the 2019/2020 period, highlighting a significant gap between committed investments and estimated needs, as well as a heavy reliance on international public grants.

The E4N partnership, a collaboration between the Green Economy Coalition, Capitals Coalition, Green Growth Knowledge Partnership, and WWF France, worked to make 'natural capital-based green economies' a global best practice. The partnership focused on creating tools for measuring nature's value, convening multistakeholder networks, and advocating for the inclusion of nature in economic decision-making. Key achievements include the development of the Green Economy Tracker, the establishment of Business for Nature, and the integration of natural capital into the EU Green Deal and African development finance. While the report notes a shift toward 'nature-positive economies,' it highlights persistent challenges in data quality and capacity, as well as a gap between government rhetoric and actual policy implementation during COVID-19 green recovery efforts.

In 2019/20, Ethiopia's tracked climate finance averaged USD 1.7 billion, representing only 7% of its estimated annual needs of USD 25.3 billion. The landscape is heavily dominated by international public finance (92%), with a strong preference for adaptation projects (56%) over mitigation (38%). While the Agriculture, Forestry and Other Land Use (AFOLU) sector received the most sectoral finance (29%), it remains significantly underfunded relative to its 83% contribution to national GHG emissions. Key barriers to scaling finance include a highly regulated financial sector, lack of a stock market, unfavorable collateral policies for SMEs, and a heavy reliance on grants over private capital. The report recommends establishing a comprehensive climate budget tagging system, conducting bottom-up needs assessments, and developing capital markets to mobilize private investment.

In 2019/20, Ethiopia's tracked climate finance averaged USD 1.7 billion per year, representing only 7% of its estimated annual needs of USD 25.3 billion. The landscape is heavily dominated by international public finance (92%), with a strong preference for grants (70%) and a focus on adaptation (56%) over mitigation (38%). While the Agriculture, Forestry and Other Land Use (AFOLU) sector received the most sectoral finance (29%), it remains underfunded relative to its 83% contribution to national GHG emissions. Significant barriers to private investment include a highly regulated financial sector, lack of a stock market, and unfavorable collateral policies for SMEs and small-holder farmers.

The document identifies critical gaps in the support system for Local Green Entrepreneurs (LGEs) in South Africa, specifically highlighting that while SMMEs contribute to carbon reduction, they face significant 'green funding gaps'. It argues that current policies, such as the Draft SMME and Cooperative Funding Policy, fail to explicitly recognize LGEs. The brief identifies five 'signature issues', including the limited risk appetite of funders and compliance-driven ESG requirements. To address these, it recommends the development of a Green Economy Framework, the use of credit guarantee schemes like the sefa Innovation Fund, and the reduction of bureaucratic 'red tape' in certification processes to foster a more inclusive green recovery.

The document advocates for a Universal Basic Income Guarantee (UBIG) in South Africa, defining it as a regular cash transfer provided as a right to all adults to cover basic necessities. It argues that a UBIG is superior to targeted grants, which often suffer from high exclusion errors and administrative complexity. The series presents evidence that basic income support improves health, education, and mental well-being, particularly for children, and empowers women by reducing their economic dependence on men and vulnerability to intimate partner violence. Economically, it contends that UBIGs do not create dependency or discourage work; instead, they can stimulate local economies through a multiplier effect and provide workers with an 'exit option' from exploitative labor. The document proposes financing the UBIG through progressive taxation, including a social security tax, wealth taxes, and the removal of subsidies for the wealthy, estimating a gross annual cost of R255 billion if set at the Food Poverty Line, which would be significantly offset by VAT recoupment and economic growth.

The factsheet outlines how a universal basic income guarantee (UBIG) serves as an investment in human capital by improving child health, mental health, and educational attainment. It cites evidence from South Africa and other low- and middle-income countries to show that cash transfers reduce malnutrition, increase school enrolment, and improve life satisfaction, which in turn enhances labour market productivity and long-term economic security.

The briefing advocates for SADC member states to move from reactive to anticipatory governance to better navigate uncertainties like climate change and digitisation. It identifies five strategic opportunities: reskilling for the green economy and 4IR, fostering regional innovation ecosystems to leapfrog legacy industries, implementing open-data policies and improving internet infrastructure, developing green economy clusters for mineral value-addition, and repositioning the mining sector toward circular or bio-economy models.

The document describes an ongoing scoping study in Morocco aimed at addressing the green finance gap. The project focuses on identifying financial instruments and structures to support green SMEs and projects, with a feasibility analysis currently in progress to inform the development of a new financing instrument.

The report finds a strong industry desire for a standardized set of ESG metrics in infrastructure investment, as current frameworks are fragmented and inconsistent. While environmental factors are relatively well-covered, social and governance data remain challenging. The study concludes that government regulation and investor pressure are the most effective catalysts for achieving a common reporting standard.

The document outlines the current state of South Africa's solar PV market, noting that while the Integrated Resource Plan targets 10% solar PV generation by 2030, local manufacturing remains limited. It identifies specific opportunities across the value chain—from mineral extraction of chromium and manganese to the assembly of modules and inverters—and recommends policy certainty, concessional finance, and skills development to foster a domestic industry.

The report argues that greening Aid for Trade (A4T) is essential for supporting developing countries in their transition to a sustainable global economy. It identifies a gap between the reported environmental objectives of A4T and actual project implementation, noting that while many donors use Rio markers, few projects have a clear environmental purpose. The document proposes six complementary pathways to green A4T: mainstreaming environmental considerations, securing additional financing, improving monitoring systems, integrating trade into climate funding, strengthening South-South cooperation, and fostering coherence with wider financial mechanisms like debt relief and climate finance. It emphasizes that developing countries must lead the prioritization of these resources to ensure a just transition that avoids new trade barriers and addresses the 'double exposure' of economic and environmental risks.

The report examines the role of Aid for Trade (A4T) in supporting the transition to a green global economy. It argues that while A4T has historically focused on infrastructure and productive capacity, it must now mainstream environmental considerations to help developing countries, particularly least developed countries (LDCs), adapt to climate change and seize green trade opportunities. The author proposes six complementary pathways to 'green' A4T, emphasizing developing country ownership and the need for additional financing, improved monitoring, and coherence with wider climate finance and debt relief mechanisms.

The document argues for a structural green recovery agenda that addresses the divergent economic trajectories of the global north, south, east, and west following the COVID-19 pandemic. It emphasizes the need for a combination of structural responses and local solutions to address systemic challenges and diverse national experiences, aiming to avoid the mistakes of the 2008-10 financial crisis by integrating green priorities into long-term policy.

The Green Economy Coalition calls for a new social contract to replace current economic systems that subsidize nature's destruction by $1.8 trillion annually. The proposal outlines five areas of action: recognizing economic dependence on nature, adopting green and fair economy principles, utilizing the Green Economy Tracker for policy interventions, ensuring inclusive citizen engagement in transitions, and renewing the social contract through mechanisms like ecological constitutions and social compacts.

The paper explores 'buen vivir' (living well), an indigenous-rooted concept from South America that prioritizes harmony between humans and nature over economic growth. It examines the tension between this biocentric approach and European 'green' strategies like the European Green Deal, which the authors argue remain tied to economic growth and productivity. While official adoption in EU-Latin America relations has been limited since a 2015 resolution, the document highlights a growing trend of local European initiatives—such as granting legal rights to nature in Spain and the Netherlands—that align with the principles of buen vivir.

The report finds that most pandemic recovery plans in Brazil, France, India, and Uganda missed the opportunity to invest in natural capital, often prioritizing business-as-usual practices. In Brazil, 87.3% of the reviewed budget for the Legal Amazon region had a negative impact, primarily due to agricultural subsidies. France's recovery plan showed a mixed impact, with 27% positive and 25% negative, largely due to corporate tax reductions. India's package was similarly mixed, with 18% positive and 24% negative, including significant funding for coal mining infrastructure. Uganda showed the most positive trend, with 34% of its 2020/21 budget having a positive impact, though this declined in the 2021/22 budget. The report recommends that governments implement environmental conditionality for corporate support, strengthen natural capital accounting, and align national strategies to ensure long-term economic stability through nature-positive investments.

The briefing note argues that trade policy should avoid creating a "two-speed global economy" by balancing regulatory requirements ("sticks") with support measures ("carrots"). It suggests that WTO members adopt principles from international environmental law—such as Common but Differentiated Responsibilities (CBDR)—and employ a data-driven diagnostic process to identify specific barriers to green transitions across different commodities and levels of development.

Environmental and health groups are calling for the urgent passage of Bill S-5 to modernize the Canadian Environmental Protection Act (CEPA), arguing that the current law is over 20 years old and fails to address 21st-century risks. The groups recommend specific amendments to ensure the legal recognition of the right to a healthy environment, stricter controls on toxic substances, and improved public access to risk data.

The paper assesses how the Fourth Industrial Revolution (4IR) and the sustainability movement shape the industrialisation trajectory of the SADC region. It argues that while 4IR technologies offer opportunities for leapfrogging legacy industries and formalising the informal sector, they also risk creating high-tech enclaves, global monopolies, and 'gig-economy sweatshops'. The authors propose a reimagined strategy that integrates 4IR and green economy goals to achieve broad economic wellbeing rather than focusing solely on job creation.