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Africa Sustainable Forestry Fund II
The Africa Sustainable Forestry Fund II (ASFFII) is a USD 150 million private equity fund managed by Criterion Africa Partners that invests in sustainable forestry value chains in Africa. The fund utilizes a blended equity structure comprising one commercial investor, Calvert Impact Capital, and five development finance institutions (DFIs): AfDB, BIO, EIB, FinDev, and FMO. ASFFII focuses on plantation rehabilitation, expansion, sustainable downstream manufacturing, and biomass, requiring investees to adhere to Forest Stewardship Council guidelines. The fund provides both mitigation and adaptation benefits through reforestation, sustainable harvesting, and conservation set-asides. Current investments are located in eSwatini, Gabon, South/Southern Africa, Tanzania, and Uganda, with Botswana, Kenya, and Rwanda identified as potential future markets.
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Document type: Case study
Climate Investor Two
Climate Investor Two is a fund managed by a consortium including Climate Fund Managers and FMO to deploy EUR 160 million from the Dutch Fund for Climate and Development. It utilizes a three-stage financing structure—development, construction, and re-financing—to target water, oceans, and sanitation subsectors. The fund aims to attract institutional investors and local banks into low- and lower middle-income countries by offering investable securities and building local capacity to manage climate project risks. Success depends on a strong ecosystem of project developers, favorable policy environments, and moderate currency stability in target countries.
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Document type: Case study
Subsidized Impact Investing Funds: AgDevCo
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.
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Document type: Case study
African Risk Capacity
The African Risk Capacity (ARC) operates as a mutual insurance company and agency to help African Union members manage climate shocks through weather-index insurance. Since 2014, ARC Ltd has provided USD 720 million in coverage and paid USD 65 million in claims, primarily targeting the agriculture sector. Participation requires the use of Africa RiskView (ARV) software to define payout thresholds based on rainfall deviation. The program's viability depends on robust subnational climate data, government technical expertise in sovereign insurance, and high-level political awareness.
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Document type: Case study
Long-term FX risk management (TCX)
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%.
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Document type: Case study
UBS Optimus Foundation Social Success Note
The Social Success Note (SSN) is a 5-year, USD 500,000 working capital loan provided by the UBS Optimus Foundation to the NGO Impact Water to install water purification systems in Ugandan schools. The model utilizes a repayment structure where schools use fuel savings from not boiling water to pay back interest-free loans. The instrument incorporates outcome-based payments from the Rockefeller Foundation and monitoring by Yunus Social Business, aiming to provide 1.4 million children with clean water. While currently implemented in Uganda, Nigeria, and Kenya, the document suggests this concessional instrument is suited for countries with low sovereign credit ratings and limited capital markets.
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Document type: Case study
Komaza Smallholder Forestry Vehicle (SFV)
The Smallholder Forestry Vehicle (SFV) is a financial mechanism that packages tree production partnership contracts from smallholder farmers to attract institutional investors. By separating asset risk from operating company risk, it lowers the cost of capital and reduces transaction costs. As of July 2020, Komaza had partnered with 25,000 farmers in Kenya and planted over 6 million trees, securing a USD 28 million Series B funding round from various impact investors and funds.
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Document type: Case study
INSTRUMENT ANALYSIS
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.
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Document type: Report
Development prospects for the Horn of Africa countries to 2040
The report assesses the development prospects of the Horn of Africa, highlighting how governance failure, insecurity, and climate-driven food instability hinder progress. It uses the International Futures platform to project that without intervention, no country in the region will eliminate extreme poverty by 2030. The analysis identifies a critical 'youth bulge' and severe infrastructure deficits in energy, transport, and water. To counter these trends, the authors propose an 'Integrated Development Push' scenario combining improved governance, agricultural modernisation, and investments in human capital and basic infrastructure to boost regional GDP and reduce poverty by 2040.
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Document type: Report
Financial Inclusion for Refugees (FI4R) Results of Round 3 Diaries
The report finds that COVID-19 significantly reduced refugee incomes from employment and self-employment, leaving non-employment income as the primary source of support. While there is openness to digitizing savings groups to improve speed and safety, significant barriers remain, including low smartphone ownership, high transaction costs, and fears that digital tools may undermine group cohesion and meeting attendance.
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Document type: Report
Are African oil and gas producers prepared for the energy transition?
The document warns that African oil and gas producing countries risk committing public funds to stranded assets by basing investment decisions on current price trends rather than energy transition scenarios. It highlights the vulnerability of National Oil Companies (NOCs) and the potential for revenue overestimation, specifically citing risks in countries like Angola, Mozambique, and Senegal. The author advocates for the Extractive Industries Transparency Initiative (EITI) to mandate the disclosure of project viability data and for governments to diversify their economies.
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Document type: Report
Killed by Breathing
Cooking poverty affects 3.83 billion people across 71 countries, causing over four million deaths annually. The report argues that the current 'clean cooking' sector is fragmented and underfunded, with an annual funding gap of approximately $10 billion. It proposes a shift toward the term 'cooking poverty' to better reflect the scale of the crisis and suggests a 'Playbook' to centralize sector knowledge. Key recommendations include merging electrification and cooking efforts, utilizing carbon markets for small business finance, and adopting an incremental approach to transition households from unimproved to modern cooking.
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Document type: Report
Inclusive Climate-Resilient Transport in Africa Needs Assessment
The assessment examined the awareness and challenges of transport planners in Ethiopia, Rwanda, Uganda, and Zambia, as well as other African regions, regarding the needs of disadvantaged groups and climate change risks. Using a mixed-method approach involving a regional survey, focus groups, and interviews, the study aims to inform a Guidance Framework for inclusive climate-resilient transport planning in Africa.
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Document type: Report
The Road to Sustainable Transport
The document argues that transport is a critical driver of development but a major source of emissions, accounting for 23% of energy-related CO2. It defines sustainable transport as safe, affordable, and efficient mobility that minimizes environmental impacts. The report details the evolution of international policy from the 1972 Stockholm Conference to the Sustainable Development Goals, and provides examples of successful interventions, such as Jakarta's BRT system and various cities' shifts toward active mobility (cycling and walking). It specifically notes the COVID-19 pandemic as a catalyst for structural changes in urban transit, though it warns that 30 major economies continue to provide significant subsidies to fossil fuels over clean energy.
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Document type: Report
Green Energy Development and Transition: Have we seen this film before? – Peace Research Institute Oslo (PRIO)
The authors contend that the transition to renewable energy technologies, such as wind turbines and solar panels, relies on destructive mineral extraction that mirrors the harmful patterns of the fossil fuel era. Through initiatives like the WINDPLAN and Green Curses and Violent Conflicts projects, the researchers examine socio-environmental conflicts and protests against renewable projects in Norway, Uganda, Chile, and Bolivia. They argue that energy justice must move beyond simply increasing energy access to addressing the imbalances and contestations caused by the green transition's global value chain.
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Document type: Statement
Civil society call on World Bank to implement open, inclusive and transparent process on Africa energy strategy
A coalition of civil society organizations is demanding that the World Bank fulfill promises of a participatory review for its Africa energy strategy. The signatories urge the Bank to prioritize renewable energy and energy access, particularly in Sub-Saharan Africa, while unequivocally ending financial support for fossil fuel-based development.
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Document type: Statement
USING POST-HARVEST TECHNOLOGIES TO MITIGATE CLIMATE RISKS IN FOOD SYSTEMS FOR IMPROVED FOOD SECURITY & LIVELIHOODS: Hermetic Storage Technologies in Kenya and Uganda
The document examines how climate change increases post-harvest losses in Kenya and Uganda through heightened pest and disease pressure, and proposes hermetic storage technologies (HSTs) as a solution to improve food security and farmer livelihoods.
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Document type: Policy brief
Developments in Paperless Trade: Implications for Zambia’s Small-Scale Cross-Border Traders
The document analyzes the gap between the digital goals of the WTO Trade Facilitation Agreement (TFA) and the actual capacities of small and medium-sized enterprises (SMEs) in Zambia. It argues that while paperless trade and 'single window' systems aim to increase efficiency, low literacy rates and language barriers (reliance on English) create 'SPS-Plus' burdens that exclude many small-scale traders. The author recommends integrating digital skills training and AI-powered translation of trade requirements into local languages to ensure SMEs can benefit from the energy and economic transition toward a digital economy.
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Document type: Policy brief
Micro, Small, and Medium-Sized Enterprises: Key developments and updates in the Informal Working Group discussions among World Trade Organization members
The briefing details the work of the WTO's Informal Working Group (IWG) on MSMEs, specifically the adoption of a six-part package of recommendations in December 2020 to address barriers like access to finance, information, and trade facilitation. It also analyzes the disproportionate impact of COVID-19 on MSMEs, particularly women-led businesses, and outlines national and international policy responses. Future plans include the development of the 'Trade4MSMEs' web platform and further exploration of digitalization and e-commerce customs duties.
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Document type: Briefing
Where are they?
The report examines the crisis of missing persons in Africa, documenting nearly 44,000 cases through the ICRC as of 2020. It identifies armed conflict, other situations of violence, and migration as primary drivers, noting that men and children are disproportionately affected. Families face severe psychosocial trauma, economic hardship, and legal hurdles due to a lack of domestic frameworks for declaring absence. The document advocates for the establishment of national information bureaus, improved medico-legal capacity for body identification, and the integration of missing persons into transitional justice processes.
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Document type: Report