Energy Transition and Geoeconomic Fragmentation: Implication for Climate Scenario

Year Published

2023

Contributing Organizations

International Monetary Fund (IMF)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic

Climate Models & Scenarios

Topic 2

Energy Generation

Topic 3

Risk Management

Target Audience

Asset Owners

Asset Managers

Banks

Financial Services Providers

Governments & Policymakers

Relevant Geography

Africa

Resource Description

This resource synthesizes findings from climate finance assessments in 19 African countries, highlighting investment priorities, challenges, and enabling conditions to scale climate finance across the continent.

Why This Matters

Understanding country-level climate finance needs helps development partners and governments unlock investment and support climate-resilient, low-carbon growth pathways.

Key Insights

Countries identify mitigation and adaptation priorities across sectors such as energy, agriculture, and transport
Adaptation is often underfunded, despite high vulnerability
Public finance plays a central role, but mobilizing private and concessional capital remains a key challenge
Common barriers include limited project pipelines, institutional capacity gaps, and misalignment between plans and financing strategies
Recommends stronger national planning, improved collaboration, and greater use of blended finance mechanisms

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