An African Climate Finance Agenda for COP26

The climate finance priorities for COP26 identified by African stakeholders, as articulated in this report, demonstrate a keen awareness of the challenges faced in the quantum and quality of climate finance, challenges related to climate finance access, and the effectiveness of the architecture and enabling governing environment in which climate finance is invested. In this report we have outlined the recommendations arising from a diverse group of African stakeholders. These recommendations emerged through an inclusive dialogue and active engagement process. Participants have stressed how actions at both a national and global level are required to reduce bottlenecks, increase volumes of finance, redirect finance to appropriate projects and better meet local needs. It is intended for these messages to contribute to the regional and global debate on climate finance at COP26 and beyond to ensure that climate finance can better serve the needs of the most vulnerable and more effectively support ambitious climate action.