The report finds that the adaptation finance gap in South Africa is particularly pronounced at subnational level, and risks attainment of national adaptation commitments. Closing this gap requires tapping an array of climate finance sources, both national and international.

This report takes stock of countries’ latest NDCs and examines how these commitments have evolved since the Paris Agreement entered into force, identifying overall trends and pinpointing the elements where further action is needed.

This report, part of the State of Climate Finance in Africa series, provides a deep dive analysis of tracked climate finance in Nigeria in 2019/2020.

Developing countries — especially least developed countries (LDCs) and Small Island Developing States (SIDS) — face huge challenges in financing their current climate and nature needs.

Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to this 2021 Joint Report on Multilateral Development Banks’ Climate Finance.