Mitigating Climate Change in Africa: Barriers to Financing Low-Carbon Development

摘要: Summary Meeting global climate change mitigation goals requires the participation of developing countries in abatement programs to encourage low-carbon development pathways. Incentivizing participate often a mechanism for developed finance projects poorer countries. While several funding institutions have been established, African country has low. In this analysis, we conduct interviews with policy stakeholders from across continent and find general consensus that lack institutional capacity limited existing programs. To confirm qualitative observation, use data Global Environment Facility (GEF) World Bank examine correlation between country-year measures number implemented by better quality is associated more GEF country-year. We propose address creation regional institution, or Climate Change Mitigation Institution (CCMI), specializes building local leveraging external as well facilitates integration into efforts improving capacity, strengthening research development, forming partnerships, coordinating disbursement financing.