Search Climate Insights Directory
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Confronting Simultaneous Climate, Public Health, and Economic Shocks in Developing Countries
Developing countries are increasingly facing 'compound shocks'—simultaneous or sequential disruptive events like pandemics, economic crises, and climate-driven disasters—which deplete budgets and cause cascading system failures. The authors argue that the current disaster risk finance architecture over-incentivizes ex post relief over ex ante preparedness. To address this, they propose that the World Bank's IDA offer softer financing terms (higher grant components) to countries that commit to specific resilience investments in data collection, regulatory reform, budgetary frameworks, and early warning systems. Additionally, they recommend introducing automatic 'disaster clauses' in IDA debt to defer payments following major shocks, similar to models used by Grenada and Barbados. Finally, the document proposes transforming the Global Risk Financing Facility (GRiF) into a Financial Intermediary Fund (FIF) to increase its operational independence, broaden its donor base beyond Germany and the United Kingdom, and better support regional risk pools and risk measurement capacity.
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Document type: Briefing
Perseguindo Unicórnios de Carbono: A Decepção dos Mercados de Carbono e DO “Net Zero”
The document critiques the concept of 'net zero' and the expansion of carbon markets, distinguishing between 'real zero' (immediate emission cuts) and 'false zero' (reliance on offsets). It asserts that fossil fuel emissions cannot be physically offset by natural ecosystems and warns that the drive for 'nature-based solutions' leads to land grabbing and the financialization of nature. The report calls for a coordinated phase-out of fossil fuels and a transition to a just, community-led energy and food system.
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Document type: Report
En busca de unicornios de carbono: el engaño de los mercados de carbono y la reducción de emisiones a “Cero Neto”
The document critiques the concept of 'net zero' and the use of carbon offsetting, distinguishing between 'real zero' (actual emission elimination) and 'false zero' (reliance on offsets). It asserts that carbon markets and 'nature-based solutions' are used as distractions by the fossil fuel industry and financial sectors to maintain the status quo, which risks further land grabbing and the violation of Indigenous and local community rights. The report emphasizes that fossil carbon cannot be simply absorbed by the biosphere and calls for a coordinated phase-out of fossil fuels and a transition to a climate-just economy.
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Document type: Report
À la poursuite de chimères carbonées : les concepts trompeurs des marchés du carbone et du « zéro émission nette »
The document critiques the concept of 'net zero' and carbon offsetting, distinguishing between 'true zero' (rapidly eliminating fossil fuel emissions) and 'false zero' (relying on offsets). It asserts that fossil carbon cannot be absorbed by natural cycles and that the demand for offsets leads to the financialization of nature and the dispossession of indigenous and local communities.
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Document type: Report
chasing carbon unicorns: The Deception Of Carbon Markets and “Net Zero”
The document critiques the concept of "net zero," distinguishing between "real zero" (immediate deep emission cuts) and "fake zero" (reliance on offsets). It asserts that carbon offsets do not reduce atmospheric CO2 concentrations and that the land required to meet corporate offset demands would be ecologically and socially catastrophic. The report specifically highlights the role of the financial sector and fossil fuel majors in rehabilitating voluntary carbon markets to maintain business-as-usual operations.
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Document type: Report
COVID-19 and E-Governance: Lessons from South Africa
The document examines how the COVID-19 pandemic accelerated the adoption of e-governance tools, specifically social media and smartphones, to maintain public service delivery. It highlights South Africa's use of WhatsApp chatbots and the 'COVID Alert SA' contact tracing app as innovative examples, while noting that the 'digital divide' and concerns over surveillance and fake news remain significant barriers to digital governance across Africa.
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Document type: Report
SADC and the Abuja Declaration: Honouring the Pledge
The document examines the failure of most SADC member states to adhere to the Abuja Declaration's pledge to allocate 15% of annual budgets to health, noting that by the end of 2018, all member states were struggling to meet this target. It identifies aid dependency and economic decline as primary barriers, while arguing that the COVID-19 pandemic serves as a critical catalyst for overhauling underfunded systems. To bridge funding gaps, the author recommends establishing a SADC regional healthcare fund backed by the African Union, forming public-private partnerships, improving domestic tax compliance, and involving civil society organisations to ensure transparency.
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Document type: Policy brief
Supporting jobs by strengthening financial systems
FSD Africa, in collaboration with The Good Economy and Tandem, has developed a four-step framework to measure how financial sector deepening impacts job creation. The framework emphasizes the use of full-time equivalent (FTE) metrics to account for underemployment and employs a sectoral approach to assess job quality and 'decent work' multipliers. The process involves a theory-based assessment of materiality, estimation of direct and indirect jobs, a decent jobs assessment using sector proxies, and optional bespoke research for high-impact projects.
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Document type: Research paper
Climate Change and Terrorism: Three Risk Pathways to Consider
The briefing argues that while climate change is unlikely to be the primary ideological driver for terrorist groups, it acts as a risk multiplier. It identifies three channels of impact: the creation of recruitment opportunities due to food and livelihood insecurity; the erosion of state legitimacy when governments fail to respond effectively to climate-induced disasters; and the security instabilities caused by the global energy transition, which may strand assets in hydrocarbon-exporting states and increase the value of critical minerals in fragile regions.
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Document type: Briefing
Voices from the Frontline of Covid-19
The 'Voices from the Frontline of Covid-19' project, led by CDKN and ICCCAD, documented 50 stories from June 2020 to October 2021 to understand how vulnerable communities navigate the combined impacts of the pandemic and climate change. The project emphasizes the role of spontaneous community organizing, particularly leadership from women and young people, in maintaining progress toward Sustainable Development Goals (SDGs) including food security, health, and climate action. The document urges policy-makers to devolve decision-making to the local level, co-fund micro-finance mechanisms, and partner flexibly with local civil society organizations to build resilience against future shocks.
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Document type: Fact sheet
Energizing Finance: Understanding the Landscape
The report finds that finance for energy access in high-impact countries (HICs) remains critically insufficient. In 2019, tracked electricity finance in HICs fell to USD 32 billion, with residential access funding at less than one-third of the required annual investment. Clean cooking investment has stagnated around USD 130 million annually, far below the USD 4.5 billion needed. While private investment in clean cooking reached a peak of USD 56 million in 2019, multilateral DFI support plummeted. The report emphasizes the need for climate-resilient infrastructure, as seen in Mozambique, and highlights divergent technological paths in Ghana (LPG) and Vietnam (biogas).
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Document type: Report
Understanding the Landscape ENERGIZING FINANCE 2021
The report finds that global investment for energy access is critically insufficient. Finance for electricity in high-impact countries (HICs) fell to USD 32 billion in 2019, while clean cooking commitments stagnated around USD 130 million, far below the USD 4.5 billion annual need. While grid-connected renewables became the top electricity sector in 2019, decentralized solutions remain severely underfunded. The report emphasizes the need for climate-resilient infrastructure, as seen in Mozambique, and explores divergent clean cooking pathways in Ghana (LPG) and Vietnam (biogas).
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Document type: Report
PROGRESS ON THE NEW YORK DECLARATION ON FORESTS GOAL 7 PROGRESS REPORT: ANNEX
The annex evaluates the gap between the economic mitigation potential of forests and the quantitative targets set in NDCs for 32 high-potential countries. It identifies a global annual finance need for forest protection and restoration ranging from USD 45 billion to USD 460 billion, while noting that current 'green finance' flows are significantly lower than 'grey finance' flows directed toward sectors like agriculture.
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Document type: Report
MAPPING THE LANDSCAPE FOR A NATURE ECONOMY
The report identifies 23 financial transaction mechanisms and 35 enabling frameworks aimed at protecting and restoring nature. It categorizes these mechanisms into fiscal interventions, regulatory instruments, new government-enabled markets, traditional market-based instruments, and hybrid mechanisms. The authors argue that while innovation is high in identifying revenue streams, most mechanisms lack scale due to a reliance on public funding, a need for high private-value-capture potential, and a lack of performance certainty for large capital providers.
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Document type: Report
Africa and Europe: building consensus on migration
The document argues that while Africa views migration as a demographic and development issue, the European Union has increasingly adopted a securitised approach. It identifies four key entry points for strengthening the Africa-EU partnership: remittances, legal labour migration pathways, international protection, and voluntary returns and readmissions.
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Document type: Policy brief
Private sector development in fragile states: a peacebuilding approach
The policy brief examines how private sector development (PSD) in fragile states often exacerbates conflict by mirroring patronage politics and corruption. It argues that PSD should be treated as a continuation of peace negotiations, requiring broad-based social and political consensus on economic matters. The author recommends that the UN Peacebuilding Commission (PBC) leverage its mandate to promote 'peace-positive' PSD, which prioritizes the reduction of horizontal inequalities, stimulates broad-based growth, and utilizes 'infrastructures for peace' to manage conflict risks. The brief suggests that companies should be treated as partners in peacebuilding, with their access to opportunities conditioned on their accountability for impacts.
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Document type: Policy brief
Planned relocation
The document argues that Southern Africa urgently needs climate adaptation funding, specifically for planned relocation, to protect populations from slow-onset climate impacts. It highlights a significant gap in adaptation finance, noting that most funding is directed toward mitigation or countries with high institutional capacity rather than the most vulnerable. The author advocates for planned relocation as a last-resort, voluntary, and developmental tool, warning against the poor outcomes associated with forced or poorly managed historical resettlements.
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Document type: Policy brief
Will foreign intervention end terrorism in Cabo Delgado?
The document examines the shift in Mozambique's strategy from treating the Cabo Delgado insurgency as a criminal matter to accepting international military support. It details the failures of the Russian Wagner Group, the role of the Dyck Advisory Group, and the subsequent deployments of Rwandan forces and the SADC Military Mission (SAMIM). While foreign troops have achieved quick gains, such as recovering Mocímboa da Praia, the brief highlights a critical lack of transparency regarding bilateral agreements and warns that insurgents are now dispersing into smaller groups in southern districts.
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Document type: Policy brief
Questions écrites à BNP Paribas Assemblée générale 2021
The document outlines eight key demands from Reclaim Finance and Les Amis de la Terre France addressed to BNP Paribas. It calls for the bank to strictly apply its coal exit policy, cease all support for hydrocarbon development, exit high-risk sectors like the Arctic and unconventional oil and gas by 2030, and vote against Total's climate strategy. Additionally, it urges the bank to withdraw from gas projects in Mozambique, strengthen exclusions on soy-related deforestation in the Cerrado, and formalize a policy to end support for oil drilling in the Amazon.
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Document type: Statement
Questions écrites à Crédit Agricole Assemblée générale 2021
The document outlines eight key demands for Crédit Agricole to align its financial activities with the 1.5°C climate goal. These include ending support for coal projects and companies like Glencore and PGE, divesting from Fortum due to pro-coal lobbying, and ceasing all financing for hydrocarbon development, specifically unconventional oil and gas and projects in the Arctic and Mozambique. It also calls for the bank to vote against Total's climate strategy and adopt a zero-deforestation policy for imported soy, particularly concerning the Cerrado region.
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Document type: Statement