Climate Finance in West Africa: Assessing the state of climate finance in one of the world's regions worst hit by the climate crisis
TitreLes financements climat en Afrique de l’Ouest : Évaluation de l'état des financements climat dans l'une des régions les plus vulnérables au climat dans le monde
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Document typeBriefing paper
In West Africa/Sahel, countries and their communities are experiencing the worst impacts of the climate crisis. Elsewhere, Paris Agreement climate finance commitments are set to prioritise the countries that are most impacted by climate change. However, new research by Oxfam shows that, despite West Africa/Sahel being one of the world’s most climate-vulnerable regions, the international climate finance received falls far short of meeting national climate finance needs and is being significantly over-reported in favour of debt instruments. Adaptation finance is also insufficient. Reported climate finance does not place gender equality at the centre, and only a small part directly reaches local actors.
In light of this, developed countries and other donors should scale up grant-based adaptation finance that reaches the local level and responds to the real needs of particularly hard-hit regions such as West Africa/Sahel.