Aligning Financial Flows with the Paris Agreement in Africa: Two New Publications

The first workshop under the Sharm El-Sheikh (SeS) dialogues on Article 2.1(c) of the Paris Agreement in 2024, held during SB60, highlighted critical gaps in aligning finance flows with climate-resilient development pathways. Ahead of COP29, the second workshop will focus on the role of the international financial system, the involvement of different actors within and outside the Paris Agreement, and the importance of transparency and credibility, particularly in avoiding greenwashing and maladaptation.

In response to these knowledge gaps, we’re excited to announce two new publications exploring operational pathways for operationalising Article 2.1(c) of the Paris Agreement in Africa. The first paper, titled “Managing High Carbon Assets for Economic Development and Clean Energy Diversification”, focuses on Mozambique and explores pathway options policymakers can pursue to manage the Country’s high-carbon assets, particularly Liquid Natural Gas (LNG), in a manner that aligns with Article 2.1(c) and supports both economic growth and climate resilience. The second paper, “Advancing Sustainable Finance for Clean Energy Access – Safeguarding Rural Household Financial Assets,” focuses on Ethiopia and how alignment with Article 2.1(c) can help the country unlock sustainable climate finance for universal access to clean energy while safeguarding the financial assets of income-poor households for enhanced livelihoods and access to clean cooking solutions.