Financing Adaptation in Africa: The Key to Sustainable Development?

Climate change in Africa is an existential crisis – heightened climate impacts on food security, health, security and economic livelihoods affect the continent’s ability to achieve sustainable development. Adaptation becomes both a policy and an operational priority for African economies and societies. However, there is an acute shortage of adaptation funding owing to several barriers. This policy briefing highlights a few possible innovations for scaling up adaptation finance in Africa. One key point is the need to demonstrate the business case for adaptation investment to crowd in private capital flows, in addition to the growing public resources in many countries.