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 publication Climate Finance Landscape for Sub-Saharan African Cities takes a first step toward closing this gap by providing an overview of the available funding opportunities and financing instruments that will enable the CoM SSA authorities to develop and implement their SEACAPs. Furthermore, it covers other relevant information such as prerequisites and the eligibility criteria to access each financing instrument, important technical considerations and the corresponding advantages and disadvantages.
In so doing, it provides them with a context map of the climate finance and development grant landscape in Sub-Saharan Africa with the objective of directing them towards institutions that can provide them with the financial support necessary to develop their SEACAPs.
In this paper, the authors provide evidence on how the provision of social infrastructure such as reliable electricity can be leveraged to increase taxation in developing countries, particularly Sub-Saharan Africa (SSA).