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How innovation can bridge Africa's climate finance gap
Kenya Electricity Generating Company PLC (KenGen) Olkaria Geothermal well undergoing tests through discharging in preparations for electricity in this picture taken on February 21, 2025.
Africa, contributing about four percent to global greenhouse gas emissions, faces severe climate change impacts, with nine of the 10 most affected countries in 2024 being from the continent. Yet, Africa receives three to four percent of global climate finance, highlighting a huge funding gap.
This was emphasised by the African Development Bank (AfDB) during COP29 in Baku, Azerbaijan, in November 2024.
