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February 17, 2022

How Africa exposes sustainable finance shortcomings

The continent’s transition away from fossil fuels is fraught with difficulty as investors need to reconsider priorities and solutions, while policymakers remain silent on ESG guidance

Africa accounts for just 3.8 per cent of global greenhouse emissions, yet it risks bearing the brunt of some of the worst impacts of climate change. Populations in vulnerable areas, such as coastal settlements, as well as many crucial areas of economic activity, could be under significant threat in the coming decades. Yet many Africans already face significant economic difficulties in their day-to-day lives, even before considering climate change.

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