Two new developments — an IMF credit of $1.3bn [€1.19bn] to Ivory Coast to mitigate and adapt to the effects of climate change and $100m commercial backing for Africa's first cobalt sulphate refinery in Zambia — show the range and shape of climate finance in Africa this year.
Set against the continent's urgent needs on climate and energy access, they also point to a chronic shortfall in funding — both from the commercial market and multilateral financial institutions.
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Already a member? Login hereTim Concannon is Energy Editor of Africa Confidential Caroline Chebet is lan investigative environmental journaist, Jerry Sam is la senior journaist
Tim Concannon is Energy Editor of Africa Confidential Caroline Chebet is lan investigative environmental journaist, Jerry Sam is la senior journaist