Sub-Saharan Africa is both the region least responsible for global climate change and most vulnerable to its impacts. A variety of actors are involved in directing climate finance to the
region, both to mitigate and support low-carbon development and help countries to adapt to these impacts. CFU data indicates that USD 1.730 billion1 has been approved for 381 projects and programs throughout the region since 2003, including USD 93 million newly approved over the last year. But finance delivered is substantially less than the USD 18 billion per year that is estimated to be required in the region until 2050. This brief considers the scope and objectives of dedicated international public finance directed to the region, drawing on Climate Funds Update data.
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