Innovative climate finance for unlocking development and equity in Africa

About this project

The negative impacts of climate change in West Africa are enormous. However, despite the compelling case for action against the climate crisis and the strong climate commitments articulated in the Nationally Determined Contributions and National Adaptation Plans, African countries face persistent barriers to accessing and deploying climate finance at scale and with equity. Grassroots actors, micro, small and medium-size enterprises, women-led enterprises and sub-national governments, as well as energy transition value chain operators, face structural barriers to accessing climate finance. Many finance products such as conventional loans, insurance and credit lines are not designed or tailored to women’s needs or small-scale, climate-smart investments, often requiring collateral that women lack, offering inappropriate loan sizes or terms, or excluding informal enterprises. While some studies have begun to document the synergies between women’s economic empowerment and low-carbon transitions at global and regional levels, evidence remains somewhat fragmented, context-specific and unevenly applied to policy and finance mechanisms in Africa. This project aims to strengthen fiscal, financial and policy frameworks for enhanced public and private sector mobilization of climate finance. It also aims to develop innovative financial tools and enhance institutional capacity towards the achievement of low-carbon climate-resilient development in Nigeria, Ghana, Senegal and Côte d’Ivoire.…

Published by

International Development Research Centre · Other public sector

Countries

Nigeria, Côte d’Ivoire, Ghana, Senegal

Sectors

Financial policy and administrative management

Focus

Gender equality · Main focusClimate mitigation · Also contributesClimate adaptation · Also contributes

Published by International Development Research Centre to the International Aid Transparency Initiative (IATI), last updated 1 Sept 2026 and imported automatically. IATI identifier: XM-DAC-301-2-110814-001.

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