Global Climate Finance: Assessing Africa's Share and Progress

The impact of climate change on Africa is catastrophic and likely underestimated. As Akinwumi Adesina, President of the African Development Bank Group, highlighted at The World Bank Spring Meetings, "9 of the 10 most vulnerable countries to climate change globally are in Africa."

According to the 2022 State of the Climate in Africa report, 110 million people across the continent were affected by weather, climate, and water-related hazards. However, experts believe this figure may be conservative due to under-reporting and insufficient research.