Announcements
Announcements
Sub-Saharan African countries have identified agriculture as a priority for adaptation, and engaging private actors in adaptation projects is widely recognized as essential.
The authors analysed 64 agricultural adaptation projects in sub-Saharan Africa approved by five international climate funds and Rwanda’s Green Fund (FONERWA) in the period 2010–2016; of those, 39 (61%) included the private sector.
These projects involved the private sector in very different ways: some use public finance to raise awareness of climate risks and adaptation opportunities, aiming to stimulate future private investment; several others channel public finance through private actors, who are hired to provide goods and services; in a much smaller number of projects, public finance is already leveraging private investment.
Lessons from these projects can help identify effective policy instruments, and assess and find ways to overcome existing barriers to private sector involvement.
Team Leader: International Climate Risk and Adaptation; Senior Research Fellow
SEI Headquarters
Past event / This side event will highlight how the private sector can be best incentivized to contribute to the financing of adaptation activities.
Perspective / Nella Canales and Richard J.T. Klein examine the role the private sector can play in helping agriculture in sub-Saharan Africa to adapt to a changing climate.
SEI brief / This brief examines how the public sector can most effectively incentivise needed investments in climate change-related mitigation in Africa.
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