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The Food Securities Fund, managed by Clarmondial, provides working capital loans to agricultural aggregators in developing markets to promote sustainable land management and climate mitigation. The fund utilizes risk blending, including a USD 37.5 million USAID credit guarantee and USD 15 million from the Global Environment Facility, to attract institutional investors from Europe and the US. In March 2021, the fund began operations with an investment in East African coffee production supporting nearly 4,000 smallholder farmers using regenerative practices.

The African Conservancies Fund (ACF), established by Conservation International (CI), provides debt capital to the Maasai Wilderness Conservation Trust (MWCT) to fund sustainable revenue-generating activities like eco-tourism and carbon credit generation. Having provided USD 500,000 in loan capital, CI aims to scale this to USD 5 million over two years and eventually USD 100 million. The model relies on local land ownership and a legal trust structure to ensure community-led management and income generation, with plans to expand the concept across Sub-Saharan Africa.

AgDevCo utilizes concessional capital and technical assistance to develop commercially viable agri-businesses in Sub-Saharan Africa, exemplified by the establishment of Zambia's first commercial seed potato producer, Saise Farming Enterprises Ltd. The organization leverages a mix of private and DFI funding to de-risk investments and build climate-resilient agricultural value chains.

The World Food Program (WFP), funded by DFID, provided unconditional cash transfers and food vouchers to over 24,000 vulnerable households in Mozambique following severe droughts (2015-16) and cyclones (2019). The program, implemented with the Ministry of Gender, Children, and Social Action and the National Institute of Social Action, improved food security and climate resilience, particularly for the poorest households. The document highlights the necessity of vulnerability data and reliable distribution mechanisms for such programs and notes similar safety net initiatives across Sub-Saharan Africa that could integrate adaptation benefits and access climate finance.

TCX addresses currency and interest risk in emerging and frontier markets by providing long-term fixed- and inflation-linked cross-currency and interest rate swaps. Since 2013, it has de-risked nearly USD 8.4 billion of external lending across 70 currencies. In 2020, Sub-Saharan Africa was the second most active region, representing 19% of de-risked finance (USD 187 million) across 18 countries. The model relies on high-credit-rated counterparties, such as development finance institutions, to manage credit risk and connect solutions to end-clients. While 70% of 2020 supported financing targeted microfinance and SMEs, infrastructure and renewable energy projects accounted for approximately 6%.

This briefing examines the political and economic drivers of coal-fired power investment in 18 high-impact countries (HICs) with significant electricity access gaps, noting that international public finance dominates coal investment while domestic private finance leads in renewables.

The report assesses a financial intermediary, Nithio, that employs a Risk Analytics Engine to provide loans to solar distributors in Sub-Saharan Africa. By using AI, demographic, and geospatial data to forecast customer repayment risk, the instrument aims to move beyond the top 10 regional developers and reach smaller, local distributors and last-mile customers. The instrument has raised USD 23 million and targets a deployment of USD 500 million by 2029, with projected environmental impacts including the abatement of 93,000 metric tons of CO2e per year by 2025.

The document analyzes coal finance in 18 high-impact countries (HICs) with significant electricity access gaps. It finds that while global coal investment is declining, finance persists in HICs, largely driven by Chinese state-owned institutions and a few South Asian nations. The report argues that coal is misaligned with Sustainable Development Goal 7 (SDG7) due to long development timelines and high infrastructure costs, contrasting this with the efficiency of distributed renewable energy. It highlights the risk of stranded assets in Bangladesh and Pakistan and the operational hurdles facing coal in Africa, concluding that a shift toward renewables and finance-based carbon accounting is necessary to achieve net-zero goals.

The P-REC Aggregation Fund monetizes Peace Renewable Energy Credits (P-RECs)—a high-quality type of International Renewable Energy Certificate (I-REC) with peacebuilding co-benefits—to provide upfront capital to renewable energy developers in fragile states. By aggregating these certificates and selling them to impact-seeking corporations (such as RE100 members), the Fund aims to provide developers with approximately 10% of construction costs, thereby unlocking further infrastructure finance. The report models a 13-year proof-of-concept phase with a USD 10.25 million fund size, projecting the generation of 812,116 P-RECs and the avoidance of approximately 658,000 tCO2e of emissions.

The Smallholder Resilience Fund (SRF) is a proposed blended finance mechanism and venture studio aimed at bridging the $65 billion financing gap for agricultural SMEs in Sub-Saharan Africa. By employing a 'synchronized investment' strategy—providing equity, debt, and working capital across entire value chains—the SRF seeks to de-risk investments and enable smallholders to diversify into climate-smart, high-value crops. The initiative, proposed by One Acre Fund, will pilot in Rwanda's avocado value chain with a $4.2 million grant requirement to catalyze an estimated $50-100 million in total capital over ten years, aiming to increase the annual income of over 100,000 farmers by approximately 15%.

The document analyzes coal finance in 18 high-impact countries (HICs) in South Asia and Africa, highlighting that while global trends shift toward renewables, significant coal investment persists, largely driven by Chinese state-owned institutions. It argues that coal is an inefficient path to universal electricity access compared to distributed renewables and warns of stranded asset risks, citing overcapacity in Bangladesh and Pakistan.

The COVID-19 pandemic disrupted African food supply chains through reduced urban demand, export market collapses, and movement restrictions, though it also increased demand for local produce and accelerated the use of digital tools. While agricultural productivity in Sub-Saharan Africa grew modestly between 2000 and 2018, innovation is now being driven by urbanization and private sector technical assistance. The author recommends that governments shift from temporary subsidies toward long-term investments in rural infrastructure, health, education, and agricultural research, while establishing 'nerve centers' to analyze food chain data and resolve bottlenecks.

The policy brief examines how African pension funds can bridge the renewable energy investment gap in sub-Saharan Africa. It proposes the use of 'renewable energy-backed' (RE) bonds to align long-term pension obligations with energy infrastructure projects, reducing reliance on foreign currency and mitigating exchange risks. The author identifies a significant funding gap, noting that Africa requires approximately $70 billion in annual renewable energy investment until 2030, while actual investment in sub-Saharan Africa was only $10 billion in 2018 and $30 billion in 2019. To unlock this potential, the document recommends the creation of green banks to coordinate finance, the implementation of government-backed guarantee schemes to lower risk perceptions for regulators, and the removal of fossil fuel subsidies to improve the competitiveness of clean energy.

Manamuz Electric LTD has developed a modular, solar-powered walk-in commercial refrigeration unit to provide 'cooling as a service' to rural farmers in Nigeria. A pilot project launched in July 2021 in the Ngwo community, Enugu State, has already integrated 151 farmers and stored over 6,000 kg of tomatoes. The innovation aims to address energy access gaps in the agricultural sector, reduce food waste, and increase farmer income by extending the shelf life of produce without relying on fossil fuels.

The paper advocates for the adoption of nuclear power in Africa to combat energy poverty and meet climate goals, noting that nuclear energy is a zero-emission source with a high capacity factor. It addresses safety concerns by comparing death rates and highlighting new reactor designs, while suggesting that Small Modular Reactors (SMRs) could mitigate high upfront costs and long construction times. The author emphasizes the need for robust national regulatory frameworks and international cooperation through bodies like the IAEA and FNRBA to ensure safety and security.

The report examines the trade implications of global climate policies on developing nations, particularly in sub-Saharan Africa and least developed countries (LDCs). It finds that while fossil fuel exports face significant short-to-medium term threats due to decarbonization, the transition to renewable energy creates substantial growth potential for non-ferrous metals and specialty minerals. However, the report warns that these opportunities require significant investment and economic diversification to avoid the 'resource curse'. Agricultural exports are less directly affected by energy transitions but remain vulnerable to greenhouse gas intensity standards and consumer preferences in importing markets.

The Powering Healthcare Solutions Catalogue provides a directory of companies offering off-grid energy systems and medical appliances for low-income regions. It highlights a variety of technical solutions, including plug-and-play systems, containerized microgrids, and solar-powered medical equipment, aimed at improving healthcare delivery in areas with unreliable electricity, such as Sub-Saharan Africa and South Asia.

The 2021 State of Cities Climate Finance report finds that annual urban climate finance averaged USD 384 billion in 2017/2018, which is significantly lower than the estimated annual need of USD 4.5 to 5.4 trillion. Investment is heavily concentrated in OECD countries and China, with critically low levels in South Asia and Sub-Saharan Africa. The report emphasizes that while cities act as providers of infrastructure and stewards of regulation, their ability to mobilize finance depends on national-level governance, city-level capacity, and the alignment of climate-specific financial instruments. It recommends strengthening municipal finance fundamentals, integrating carbon pricing into capital planning, and utilizing catalytic funding to de-risk private investment in developing economies.

The authors argue that traditional linear models of innovation policy in Africa often fail to reduce poverty and inequality because they focus narrowly on R&D without strong implementation or governance. They propose shifting toward Transformative Innovation Policy (TIP), which targets societal challenges like climate change, and Smart Specialization Strategies (S3), which prioritize innovation based on a territory's specific resources. Case studies of Nigeria and Côte d’Ivoire reveal critical evidence gaps, particularly regarding the informal sector and sub-national data, which hinder the effective application of these frameworks.

The 2021 State of Cities Climate Finance report finds that annual urban climate finance averaged USD 384 billion in 2017/2018, which is significantly lower than the estimated annual need of USD 4.5 to 5.4 trillion. Investment is heavily concentrated in OECD countries and China, leaving developing regions like Sub-Saharan Africa and South Asia severely underfunded. The report emphasizes a critical gap in adaptation and resilience finance, which accounts for less than 10% of urban climate finance. To bridge this gap, the report recommends strengthening municipal finance capacities, aligning city and national climate policies, and utilizing innovative financial instruments like blended finance and green procurement.