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Author Belianska, Anna

Title Climate Change and Select Financial Instruments : An Overview of Opportunities and Challenges for Sub-Saharan Africa / Anna Belianska, Nadja Bohme, Kailhao Cai, Yoro Diallo
Published Washington, D.C. : International Monetary Fund, 2022

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Description 1 online resource (43 pages)
Series 1\ Staff Climate Notes, 2789-0600
Staff Climate Notes; Staff Climate Note ; No 2022/009
Summary Sub-Saharan Africa (SSA) is the region in the world most vulnerable to climate change despite its cumulatively emitting the least amount of greenhouse gases. Substantial financing is urgently needed across the economy-for governments, businesses, and households-to support climate change adaptation and mitigation, which are critical for advancing resilient and green economic development as well as meeting commitments under the Paris Agreement. Given the immensity of SSA's other development needs, this financing must be in addition to existing commitments on development finance. There are many potential ways to raise financing to meet adaptation and mitigation needs, spanning from domestic revenue mobilization to various forms of international private financing. Against this backdrop, SSA policymakers and stakeholders are exploring sources of financing for climate action that countries may not have used substantially in the past. This Staff Climate Note presents some basic information on opportunities and challenges associated with these financing instruments
Notes Description based on print version record
Form Electronic book
Author Bohme, Nadja
Cai, Kailhao
Diallo, Yoro