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The paper argues that the corporate concept of solvency is inapplicable to sovereign states, suggesting instead that debt sustainability should be the anchoring concept for liquidity discussions. It identifies three interpretations of liquidity challenges: as a contrast to solvency, as rollover risks, and as a gap in financing for long-term investments. The authors highlight a prevalent "too optimistic" bias in sustainability assessments, which delays necessary debt restructurings. They recommend that debtor countries prioritize creating fiscal space through restructuring and that the international community enhance transparency via multistakeholder forums to align debt sustainability analyses with climate and development investment needs.

The report analyzes the roles of various public development banks (PDBs) in climate adaptation, identifying significant gaps in collaboration between international multilateral development banks (MDBs) and national development banks (NDBs). It highlights barriers such as misaligned project ticket sizes, lack of shared adaptation taxonomies, and local currency risks. To address these, the report recommends developing complementary taxonomies, utilizing country platforms and regional hubs, enhancing capacity-building, and leveraging blended finance to de-risk adaptation investments.

The Sahel region is experiencing a major geopolitical shift as Mali, Niger, and Burkina Faso have formed the Alliance of Sahel States (AES) and severed ties with the Economic Community of West African States (ECOWAS). This move reflects deep-seated anti-French and anti-EU sentiment, driven by perceptions of neo-colonialism and a focus on security and migration over socio-economic development. As the EU's influence wanes, Russia has expanded its presence through military cooperation and strategic economic interests, including potential control over Niger's uranium. The author argues that the EU and ECOWAS must move away from punitive sanctions and colonial-era approaches toward equal partnerships and dialogue to maintain stability and influence in the region.

The research paper examines the role of vertical industrial policies in Africa, contrasting them with horizontal policies and global value chain (GVC) theories. It highlights how Nigeria and Morocco successfully developed their cement sectors through targeted government interventions, while noting that replicating these specific tools in other sectors, such as sugar and tomato paste in Nigeria, has failed due to different raw material coordination needs.

The report identifies currency risk—specifically the mismatch between local currency revenues and hard currency debt—as a primary barrier to climate investment in EMDEs. It argues that while long-term solutions require macroeconomic reform and deeper local capital markets, immediate needs must be met through innovative hedging mechanisms. The document analyzes five specific models: a TCX donor-funded guarantee, Eco Invest Brasil, the Delta onshore DFI platform, FSD Africa's MDB portfolio transfer, and a CPI FX Hedging Facility for India. It concludes that concessional capital is essential in the short term to make these tools affordable and to catalyze private investment.

The document examines the gap between high popular support for democracy in Africa and the low satisfaction with its actual implementation. It highlights a trend of disputed elections and popularly celebrated coups as symptoms of leadership failure and the inability of democratic systems to provide basic socio-economic rights. Using examples from Zimbabwe and Gabon, it argues that when elections fail to reflect the will of the people or improve living conditions, the stability of democratic institutions is threatened.

The report details a record-breaking Q1 2024 for aligned GSS+ debt, with USD 272.7bn added. Green bonds dominated the market, while Europe remained the primary regional source. The report also highlights the growth of sovereign GSS+ issuance, the emergence of nuclear energy in green bond frameworks in North America, and the evolving alignment of sustainability-linked bonds (SLBs) with Climate Bonds' methodology.

The document outlines Ghana's position as a leading gold exporter and the resulting economic benefits, contrasted with severe environmental and health impacts caused by mining, particularly illegal 'galamsey' operations. It details the legislative framework, centered on the Minerals and Mining Act 2006, and the institutional roles of entities like the Ministry of Lands and Natural Resources and the Minerals Commission. The briefing introduces a series of thematic papers focusing on mineral rights, benefit sharing, stakeholder engagement, and mining in forest reserves.

The report analyzes Senegal-Germany bilateral relations between 2012 and 2022, noting that while German imports of Senegalese goods tripled, they remain small compared to France's. It highlights a shift from donor-recipient dynamics toward trade partnerships, exemplified by the Compact with Africa and Just Energy Transition Partnerships. However, German foreign direct investment in Senegal remains low compared to other West African nations like Ghana and Côte d'Ivoire, and significant data gaps persist regarding service exports and product granularity.

The communication strategy for Côte d'Ivoire's National Adaptation Plan (2023–2030) aims to build a climate-resilient society by informing and sensitizing diverse stakeholders. It identifies four strategic axes: political appropriation, public awareness of adaptation practices, documentation of lessons learned, and coordination. The strategy targets institutional actors, community leaders, civil society, the private sector, and the media, utilizing a mix of institutional, behavioral change, and digital communication. Implementation is estimated to cost approximately 50 billion CFA francs.

The proposal identifies critical gaps in Côte d'Ivoire's climate governance, including a lack of inter-ministerial coordination, insufficient local-level planning, and limited private sector capacity to engage with the Green Climate Fund (GCF). To address these, the project proposes training for the National Designated Authority (NDA), establishing a multi-stakeholder coordination committee, updating the national Country Programme to align with GCF USP-2 requirements, and developing 'green city' strategies in the Gbêkê region and Bocanda. The initiative also includes rural awareness campaigns and the production of educational materials to promote climate adaptation best practices.

The mid-term review finds that the project is generally on track to achieve its outcomes, particularly in enhancing legal capacity for forest communities in Liberia and Gabon and influencing the EU Deforestation Regulation (EUDR). Key achievements include the development of equitable contract templates in Liberia, increased women's leadership in forest governance, and exceeding advocacy targets in the EU. However, the report identifies gaps in structured stakeholder engagement, limited private sector involvement, and a need for direct livelihood support to ensure long-term sustainability. Political instability in Gabon has delayed some legislative reforms, and the review recommends developing a formal exit strategy and improving the results framework to better track qualitative changes.

The report analyzes the surge of kidnappings in northern Benin since 2021, identifying them as a strategic instrument used by violent extremist organisations (VEOs) like JNIM to infiltrate new territories. It distinguishes between VEO-led kidnappings—used for forced recruitment, intelligence gathering, punishment, and intimidation—and criminal kidnappings for ransom, which are more common in southern regions and linked to actors in Nigeria. The document highlights the role of national parks as hideouts and hubs for illicit economies, and recommends protection programs for defectors, amnesty, and improved local infrastructure to enhance community resilience.

The author argues that for MC13 to be successful, the WTO must move beyond non-binding declarations toward binding commitments. Key proposals include an exemption for least developed countries (LDCs) from food export restrictions to ensure food availability. However, significant disagreements persist between developing nations (such as India and China) and developed nations (including the US and EU) regarding public stockholding and the reduction of trade-distorting domestic support.

The document argues that while African nations have submitted ambitious Nationally Determined Contributions (NDCs), they face a massive climate finance gap and high debt burdens that hinder a just energy transition. It critiques previous G20 presidencies for treating developing countries as a monolith and failing to address Africa's specific needs, such as the disparity between mitigation and adaptation funding. The brief recommends that the Brazilian and South African G20 presidencies focus on increasing the flow and quality of finance through concessional capital, debt-for-nature swaps, and the re-channeling of special drawing rights, while also enhancing Africa's participation in carbon markets and attracting private sector investment.

The 2024 Forest Declaration Assessment finds that the world is off track to meet 2030 goals to stop and reverse deforestation and degradation. In 2023, 6.37 million hectares of forest were permanently lost, with tropical humid primary forest loss 38% higher than required to be on track. Key drivers include unsustainable production of agricultural commodities and extractive industries, often fueled by demand from industrialized nations like China and the EU. While some progress is noted in forest governance and the expansion of protected areas, significant gaps remain in funding for Indigenous peoples and local communities. The report argues for a radical shift from exploitative consumption models toward circularity and rights-based governance to safeguard critical ecosystems.

The 2024 Forest Declaration Assessment finds that the world is far from meeting its 2030 goals to stop and reverse deforestation and degradation. In 2023, 6.37 million hectares of forest were permanently lost globally, with tropical regions in Africa and Asia failing to meet their targets. Primary forest loss remains alarmingly high, and forest degradation affects an area ten times larger than that of permanent deforestation. The report identifies unsustainable production and consumption—particularly of agricultural commodities, fossil fuels, and minerals—as primary drivers. While some progress is noted in countries like Brazil and Indonesia, and through new EU regulations like the EUDR, the report highlights a massive gap between 'green' and 'grey' financing, with trillions in harmful subsidies continuing to drive ecosystem loss. It emphasizes the critical role of Indigenous peoples and local communities, who face significant violence and limited direct access to funding despite their role as forest guardians.

The 2024 assessment finds that global goals to end deforestation and forest degradation by 2030 remain out of reach, with 6.37 million hectares of forest permanently lost in 2023. While some progress is noted in countries like Brazil and Indonesia, global pressures from unsustainable production—particularly agriculture and mining—persist. The report highlights a critical gap between 'green' and 'grey' financing, noting that environmentally harmful subsidies far outweigh investments in forest protection. It also emphasizes the ongoing struggle for indigenous land rights and the increasing threat of human-induced forest fires. The document recommends a radical shift in consumption patterns, the reallocation of harmful subsidies, and the implementation of rights-based governance to protect global forest ecosystems.

The 2024 Forest Declaration Assessment finds that the world is off track to meet 2030 forest goals, with 6.37 million hectares of forest permanently lost in 2023. Deforestation is primarily driven by commodity production, including agriculture and mining, with significant demand from industrialized nations like China, the EU, and the U.S. While some progress has been made in forest law enforcement and the establishment of protected areas, the report highlights a massive gap between 'green' and 'gray' finance, noting that environmentally harmful subsidies reach USD 2.6 trillion annually. The assessment emphasizes the critical need for rights-based governance and direct funding for Indigenous Peoples and local communities to ensure sustainable forest management.

The study explores a mechanism to transfer non-sovereign MDB loans to African institutional investors, particularly pension funds, in East and West Africa. It identifies a potential pool of eligible assets from the IFC and AfDB and estimates that up to US$8.69 billion in pension assets could be allocated to such a vehicle if locally domiciled. The report proposes a phased implementation starting with a pilot, managed by a dedicated Fund Manager, using an umbrella fund structure with local currency sub-funds to mitigate foreign exchange risks.