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The report details how Shell and TotalEnergies integrate themselves across the VCM value chain—from project development and trading to influencing governance—to maintain fossil fuel production while claiming progress toward net-zero. It highlights systemic issues with the integrity of the credits they use, specifically in forestry and cookstove projects, and notes that neither company has a decarbonisation plan aligned with the Paris Agreement.

The document analyzes the rising trend of greenwashing litigation and regulatory enforcement against companies using carbon credits to claim carbon neutrality. It highlights a divergence between the European Union, UK, and Australia—where courts and regulators are increasingly skeptical of offsetting—and the United States, where outdated guidelines and judicial reluctance have created a more fragmented enforcement landscape. The briefing concludes that companies face growing financial and reputational risks and should shift from compensation-based claims to genuine internal emissions reductions.

The research demonstrates that value-led design can bridge the gap between abstract climate data and local knowledge, allowing pastoralist communities to develop adaptation strategies that are scientifically informed yet culturally resonant. By employing the multi-level perspective (MLP) as a participatory tool, the approach aims to advance equity, prevent maladaptation, and support systemic transitions toward regenerative futures in arid and semi-arid lands.

The report analyzes the gap between the supply and demand of climate finance in African agrifood systems, drawing on CPI's experience with 23 agribusinesses and 17 finance vehicles. It identifies a systemic misalignment where investors prioritize risk-adjusted returns and export-oriented cash crops, while enterprises often operate across the entire value chain and focus on staple crops essential for food security. The document argues that while enterprise-level technical assistance is helpful, closing the investment gap requires vehicle-level interventions that better price risk and align mandates with market realities. Key findings highlight a geographic concentration of capital in Kenya, Nigeria, and Uganda, and a disconnect between the upstream focus of finance vehicles and the end-to-end operations of agribusinesses.

The GCF Board approved 18 funding proposals totaling USD 960.3 million and accredited 10 new entities. A major outcome was the selection of host cities for regional presence: Panama City (Latin America and Caribbean), Amman (Eastern Europe, Central Asia and Middle East), Nairobi and Abidjan (Africa), and Suva (Pacific). The Board also restructured its committees, approved a training programme, and established a roadmap for the 2028–2031 Strategic Plan.

The report examines the limitations of traditional input-heavy agricultural subsidies in sub-Saharan Africa, specifically in Kenya, Malawi, and Zambia. It argues that while these programs can stabilize production in the short term, they often hinder the transition to climate-resilient systems and negatively impact soil health. The document emphasizes that successful reform requires a holistic approach combining organic inputs, improved land governance, and complementary investments in infrastructure and market development.

A 64 kWp solar PV system with 92 kWh of battery storage installed by Burhani Solar at a school in Mombasa, Kenya, now supplies approximately 95% of the facility's electricity. The project has reduced operating costs, mitigated the impact of utility outages, and lowered the institution's carbon footprint.

The GCF's fifteenth annual report highlights a record year of programming with USD 3.26 billion approved in 2025 and a total portfolio exceeding USD 20 billion. Key institutional shifts include the establishment of regional offices in Panama City, Amman, Nairobi, Abidjan, and Suva to enhance country ownership and access. The Fund reports a near-parity balance between adaptation and mitigation in nominal terms, with 59.24% of the portfolio in grant equivalent terms dedicated to adaptation. Significant progress was made in private sector engagement, reaching a cumulative USD 7.21 billion. The report also details the 'Efficient GCF' initiative to reduce project appraisal times to nine months or less and the operationalization of a revised accreditation framework.

Africa possesses immense untapped ocean-based renewable energy potential, particularly in offshore wind, which could provide over USD 1 trillion in economic benefits and millions of jobs. While current deployment is minimal, tapping just 5% of the continent's 6,750 GW offshore wind potential could more than double its current power generation capacity and meet all new electricity demand through 2040. Realising this potential requires significant investment in infrastructure and policy frameworks, as Africa currently receives less than 2% of global renewable energy investment.

The report evaluates Uganda's path toward middle-income status by 2040, analyzing scenarios across demographics, health, education, infrastructure, agriculture, manufacturing, trade, and governance. It finds that while the 'Current Path' falls short of Vision 2040 targets, a combined implementation of strategic interventions could lift 11.03 million more people out of poverty and raise GDP per capita to US$6,925 by 2040, reaching the US$9,500 target by 2045. Key drivers for growth include large-scale infrastructure and leapfrogging, which is identified as having the greatest impact on GDP per capita and poverty reduction. However, these gains are accompanied by a projected 30% increase in carbon emissions above the Current Path, primarily driven by manufacturing and governance improvements.

Tanzania is a lower-middle-income country in East Africa characterized by steady GDP growth but significant gaps in human development and political stability. While the economy has grown at an average of 6% annually, the country faces persistent poverty and environmental challenges such as deforestation and soil erosion. Politically, the ruling Chama Cha Mapinduzi (CCM) maintains dominance, though the 2025 general elections were marked by irregularities, violence, and the suppression of opposition parties, leading to international condemnation and a deepening governance crisis.

The document outlines Uganda's transition to multiparty democracy and its current governance structure. It details the country's natural resource wealth, specifically the discovery of oil reserves on Lake Albert and the planned East African Crude Oil Pipeline (EACOP), while noting environmental opposition from the European Union Parliament. The text also traces Uganda's economic planning from early independence through to Vision 2040 and the current Third National Development Plan (NDPIII), which focuses on resource-led industrialisation to achieve upper-middle-income status by 2040.

The document outlines a hypothetical 'Governance scenario' for Africa, defined by reductions in state failure and corruption, and improvements in democracy and gender empowerment. It argues that such improvements would lead to a significantly larger African economy by 2043, with substantial gains in GDP per capita and a reduction of 45.5 million people living in extreme poverty. The analysis highlights the role of digital technology in implementing efficient cash grant programs as a tool for inclusion, citing Egypt's Takaful and Karama program as an example.

The document outlines South Sudan's challenges since its 2011 independence, including persistent political instability, a severe humanitarian crisis, and extreme economic dependence on oil. It highlights the impact of climate variability on agriculture and the country's efforts toward regional integration through the East African Community and the African Union.

The Center for International Environmental Law asserts that ocean protection is impossible without confronting the expansion of offshore oil and gas, which it identifies as the primary driver of the climate crisis. The organization calls on governments at the 11th Our Ocean Conference in Kenya to halt new offshore licensing, end public subsidies for expansion, and reject speculative marine geoengineering technologies that risk irreversible ecosystem damage. It further argues that states have binding legal duties under international law to prevent climate harm and protect the marine environment, which necessitates a coordinated phaseout of fossil fuel demand and supply.

The research paper advocates for centering human rights in ecosystem-based adaptation (EbA) by aligning implementation with Section C of the Kunming-Montreal Global Biodiversity Framework (KMGBF). It highlights that while EbA can be more cost-effective and equitable than top-down approaches, it requires a human rights-based approach (HRBA) to avoid maladaptation and the displacement of communities. Through case studies in Benin (sacred forest protection) and Kenya (rangeland restoration in Mount Marsabit), the document illustrates how integrating Indigenous knowledge and participatory governance enhances resilience. The author recommends establishing national coordination mechanisms to track EbA across sectors and leveraging global networks to scale rights-based evidence, noting that currently less than 0.2% of climate finance specifically targets locally led outcomes.

The GCF Secretariat report for 2026 details progress in enhancing country ownership, delivering impact, and institutional strengthening. Key achievements include the launch of a revised Accreditation Framework, the establishment of regional presence in five locations, and the development of a new Commitment Authority Framework to optimize investment capacity. The report also tracks programming metrics, noting 29 funding proposals submitted to the iTAP and the approval of projects for underserved countries like Bahamas, Chad, and Jamaica.

The document argues that major private credit rating agencies (CRAs) employ subjective, biased, and procyclical methodologies that unfairly increase the cost of capital for African nations. This 'credit rating impasse' hinders debt restructuring, limits the capacity of regional development banks, and obstructs the deployment of climate finance. To counter this, the African Union has endorsed the creation of the Africa Credit Rating Agency (AfCRA) in Mauritius. The brief recommends that African states improve data transparency, enhance debt management capacity, and maintain macroeconomic stability to challenge inaccurate ratings and reduce borrowing costs.

The report argues that capital mobilization for African agrifood systems is hindered by a systemic misalignment between the risk-return mandates of climate finance vehicles and the operational realities of agribusinesses. Drawing on a portfolio of 17 finance vehicles and 23 enterprises, the Climate Policy Initiative (CPI) finds that effective investment requires active intermediation, demand-side intelligence in vehicle design, and TA calibrated to specific investor screening criteria. It highlights a particular gap in financing for food crop economies, which are often overlooked in favor of export-oriented cash crops. The report recommends that donors fund coordination infrastructure, integrate pre-investment TA into vehicle structures, and support blended finance mechanisms that combine cash and food crop investments to enhance food security.

Kenya faces a significant economic burden from fossil fuel imports and subsidies despite having a nearly 90 percent renewable electricity grid. The report argues that transitioning away from fossil fuels is an economic imperative, as revenues from potential oil and coal projects are insufficient to address the national debt. It proposes a three-step pathway: immediate integration of phase-out plans, short-to-medium term divestment and investment in high-growth sectors (renewable energy, e-mobility, climate-smart agriculture, green manufacturing, and the digital economy), and long-term decarbonisation of hard-to-abate sectors. The document also highlights the risks of stranded assets and 'debt trap diplomacy' and recommends joining a Fossil Fuel Treaty to unlock international finance and technical support.