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Climate finance technical and policy notes

This study analyses the gaps in climate finance in the West African Economic and Monetary Union, a region among the most exposed to climate impacts, and sets out the policy implications of action.

Publisher SPARC
By Abdrahmane Wane Maguette Kaïre
Working in a changing climate Africa

Countries in the West African Economic and Monetary Union (WAEMU) - which include Benin, Burkina Faso, Cote d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo - remain among the most exposed nations to climate change impacts. They are also among the lowest emitters globally. Significant investments in climate adaptation and mitigation measures are needed to overcome this structural inequality and to balance the funding required by WAEMU countries with the volumes available and accessible.

Using donor strategies that tend to be closely linked to vulnerability to climate change and state fragility, this report, with accompanying summary, conducted a differentiated analysis of climate finance issues by focusing on three levels: the overall WAEMU region, coastal countries and Sahelian countries of the WAEMU.

The report processed climate finance data available via national, regional and international databases. It found that:

The analysis made a series of recommendations, including:

This article is currently being reviewed and has been removed from SPARC’s website. Please contact [email protected] for more information.

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