Mobilising private-sector investment to mitigate climate change in Africa
Perspectives Climate Group, Stockholm Environment Institute
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Abstract: This discussion brief summarises key insights on the role of the private sector in finance instruments for climate mitigation in Sub-Saharan Africa. The focus is on those instruments backed by the United Nations Framework Convention on Climate Change (UNFCCC) and one national-level South African programme, which provides an illustration of the increasingly important interaction between multilateral and national support mechanisms. While the analysis focuses exclusively on these specific instruments, rather than aiming to provide a complete overview, it raises issues that may inform broader discussions about how to devise policy levers that can be effective in spurring private-sector climate finance mobilisation.