Climate Finance Landscape for Sub-Saharan African Cities
Covenant of Mayors for Sub-Saharan Africa (CoM SSA)
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Abstract: Sub-Saharan African cities are among the world’s most vulnerable to the impact of climate change. Due to their rapid rates of urbanisation,they are also progressively becoming large emitters of Greenhouse Gases (GHG). As part of their efforts to mitigate the effects of climate change,the CoM SSA signatories have committed to develop and implement Sustainable Energy Access and Climate Action Plans (SEACAPs): key documents that outline their strategies,plans and actions for low carbon,sustainable and resilient development that ensures access to secure,affordable and sustainable energy. This exercise requires tailored dedicated financing and investments,particularly at the local level. However,the authorities’ lack of knowledge on existing funding opportunities and financial instruments has been a key barrier in their ability to engage in climate and energy planning,and they have been limited by systemic constraints in formulating and preparing projects ready for f inancing and in accessing climate finance (technical,financial and legal).