Introduction: An Overview of Climate Change Management and Financing in Africa

Mohammed Amidu, Albert Ahenkan () and Edward Asiedu ()
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Albert Ahenkan: University of Ghana Business School
Edward Asiedu: University of Ghana Business School

A chapter in Climate Change in Africa, 2026, pp 3-14 from Springer

Abstract: Abstract This chapter provides a comprehensive overview of climate change management and financing on the continent, highlighting the unique vulnerabilities, evolving policy frameworks, mitigation and adaptation strategies, and strategic financing mechanisms shaping Africa’s climate response. It highlights how climate change is reshaping key sectors such as agriculture, water, energy, and urban systems through rising temperatures, erratic rainfall, and increased extreme weather events, thereby threatening livelihoods and development goals. The chapter analyzes Africa’s strategic response through continental initiatives such as the African Union’s Agenda 2063, the African Ministerial Conference on the Environment (AMCE), Comprehensive Africa Agriculture Development Programme (CAADP), and nationally determined contributions under the Paris Agreement, emphasizing the role of governance and institutions. It also explores climate finance landscapes, including international and public funding, private sector participation, and innovative mechanisms such as green bonds, blended finance, and climate insurance. Furthermore, the chapter identifies persistent challenges in accessing and utilizing climate finance, including weak institutional capacity, complex funding procedures and governance constraints, and dependence on external funding. The chapter concludes with policy implications that stress the need for capacity building, streamlined finance access, enhanced private sector engagement, and stronger regional cooperation to build climate resilience and advance sustainable development in Africa.

Keywords: Climate change; Africa; Climate finance; Climate resilience; Adaptation and agenda 2063 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-032-15259-6_1

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DOI: 10.1007/978-3-032-15259-6_1

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