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AfriCatalyst

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    • Ahead of Conference of the Parties (COP29), Africatalyst releases report on Unlocking Multilateral Development Banks' Potential to Address Methane Emissions in Africa
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Source: AfriCatalyst |

Ahead of Conference of the Parties (COP29), Africatalyst releases report on Unlocking Multilateral Development Banks' Potential to Address Methane Emissions in Africa

Targeted financing for methane abatement could yield significant benefits for the continent, addressing both environmental and health impacts

As methane emissions across Africa continue to rise and existing financing falls short of meeting international climate goals and fulfilling the Paris Agreement, the role of multilateral development banks (MDBs) is becoming increasingly important in supporting methane reduction initiatives across the continent. A new study by AfriCatalyst reveals that Multilateral…

AfriCatalyst
Source: AfriCatalyst |

AfriCatalyst calls for establishment of an African Methane Abatement Bond framework to finance methane action

Notably, 19 African countries are responsible for 80 percent of the continent’s methane emissions, with Nigeria, Sudan, the Democratic Republic of Congo, and Egypt contributing half of the total

AfriCatalyst (www.AfriCatalyst.com), a leading Dakar-based global development advisory group, has urged African leaders to develop a framework for issuing African Methane Abatement Bonds (AMAB). This urgent appeal accompanied the launch of AfriCatalyst’s groundbreaking report (https://apo-opa.co/3ObUfOw) that sheds lights on the alarming surge in methane emissions across the continent and emphasizes…

AfriCatalyst

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    • Scaling debt-for-climate swaps to finance Climate Action (1)
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    • Scaling debt-for-climate swaps to finance Climate Action (3)
    • Scaling debt-for-climate swaps to finance Climate Action (4)
    • Scaling debt-for-climate swaps to finance Climate Action (5)
    • Scaling debt-for-climate swaps to finance Climate Action (6)
    • Scaling debt-for-climate swaps to finance Climate Action (7)
    • Scaling debt-for-climate swaps to finance Climate Action (8)
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Source: AfriCatalyst |

Scaling debt-for-climate swaps to finance Climate Action

At the event organized by Africatalyst and Open Society Foundations, top African experts call for more innovation, partnerships and government reforms to unlock billions in climate finance

With Africa requiring over $300 billion annually for climate adaptation, policymakers and government officials meeting at a high-level event on the sidelines of the Africa Climate Summit in Nairobi, have called for the implementation of innovative mechanisms to unlock climate financing. The event cohosted by AfriCatalyst and Open Society Foundations…