Stakeholder’s Perspectives on Carbon and Climate Finance in West Africa: Barriers and Opportunities

This report provides an unprecedented view of the state of climate and carbon finance in West Africa. Objectives of the scoping study include:

• Providing an overview of current flows and administration of climate and carbon finance in West Africa with an assessment of scale and pace of mitigation investments;
• Identifying opportunities and ways carbon markets and climate finance can deliver support to West Africa’s climate change mitigation efforts in the context of the Paris Agreement;
• Identifying barriers hindering effective market participation by project developers in West Africa, including the use of financing instruments for scaling up mitigation investments.

This work was developed using the database developed by AERA group and with support from the West African Alliance Secretariat and Coordinator.