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Redefining Climate Finance: A Dual Mandate for the Dual Transition
The Africa Policy Research Institute argues that climate finance in Africa must shift from a narrow focus on large-scale infrastructure to a 'dual mandate' that equally supports decentralized, consumer-led energy transitions. The document asserts that while utility-scale projects are foundational, the most dynamic energy growth is occurring through off-grid systems and MSMEs, which currently lack the structured local-currency credit and trade finance necessary to scale.
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Document type: Statement
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