Nearly 65% of adults in the Arab region remain excluded from formal financial systems, according to a new report by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Annual SDG Review 2025 paints a sobering picture of persistent financial exclusion that is undermining the region’s ability …
Efforts to reform global pandemic preparedness and response are happening too slowly, the World Health Organization’s (WHO) Independent Panel for Pandemic Preparedness and Response said. Presenting the findings of a six-month accountability report, Co-chairs Helen Clark, former Prime Minister of New Zealand, and Ellen Johnson Sirleaf, former President of Liberia, …
This study evaluates investments required to achieve India’s net-zero emissions target of 2070. Achieving net-zero involves technology pathways as well as financial flows. These finance flows, or investments, also known as total investment, are required to fund the construction of the associated physical infrastructure. The mobilisation of investments to achieve …
This paper explores the conceptual framing and measurement of transboundary impacts in the context of the 2030 Agenda. It starts by defining transboundary impacts and reviewing different measurement approaches used so far. It then proposes a typology of transboundary impacts, classified depending on the type of international flows involved: financial …
Assuming the COVID-19 pandemic ends or that successful vaccination programs are implemented, Southern Africa is projected to grow 3.2 percent in 2021 and 2.4 percent in 2022. But this recovery will be inadequate given the region’s estimated 6.3 percent contraction in 2020. Slow growth in South Africa—the region’s largest economy—has …
Getting Africa’s financial sector ready to cope with climate risk is vital for a smooth transition to net-zero emissions and resilience, according to a new report by three global institutions. The report was launched by the African Financial Alliance on Climate Change (AFAC) at the COP26 climate conference. The report …
The analysis and disclosure of climate-related financial impacts are important to achieving a sustainable and timely transition to a low carbon future. They provide individual companies and their investors with strategic insights, enabling more effective risk management and investment decision making, and ensuring the allocation of capital to activities consistent …
Increasing the transparency and accountability of urban climate governance in this way will serve as a starting point for identifying investment gaps and exploring opportunities for mobilizing new resources. It will also help to identifying ways to mainstream climate change and environmental objectives at central-, state-, and city-level through a …
The African Development Bank and partner institutions of the Africa NDC Hub have published a flagship report on the status of Nationally Determined Contributions (NDCs) in Africa and the imperative for climate finance innovation. The report provides key action points needed to bring African countries on course to meeting their …
Most of the policy measures introduced in 2020 and 2021 as a response to the socioeconomic crises induced by the COVID-19 pandemic focused on addressing health concerns and a speedy economic recovery. Considerably less attention has been paid to combatting climate change and preventing environmental degradation, for which many governments …
This report analyses the current state of knowledge regarding the role of Nature-based Solutions (NbS) in climate change mitigation. It shows that in order to keep temperature rising to 1.5 degrees and achieve net zero by 2050 a significant contribution from NbS is both necessary and possible, provided the necessary …
Real gross domestic product growth in North Africa was largely negative in 2020, at -1.1% with a -5.1 percentage point drop over 2019, the African Development Bank’s 2021 edition of the North Africa Economic Outlook reports. Released on November 3, the report finds that in 2020, North African economies experienced …
This report describes the potential financial outcomes that can be expected from successful development of a GBS vaccine that can attain global registration. The report also assesses whether specific additional financing is required to support the clinical development activities. It builds on previous work that described potential scenarios of demand …
This report reviews the economic performance of the 13 countries under the African Development Bank’s East Africa Regional Development and Business Delivery Office: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, and Uganda. East Africa is the only region in Africa that avoided a recession …
Carbon capture and storage (CCS) continues to make significant progress around the world against a backdrop of greater climate action from countries and private companies. The Global Status of CCS 2021 demonstrates the critical role of CCS as nations and industry accelerate to net-zero. The report provides detailed analyses of …
This report complements the African Development Bank’s African Economic Outlook 2021, providing more detail on West Africa’s economic situation and growth prospects in the face of the COVID-19 pandemic. It also analyzes public debt in West African countries and explores financing options. Finally, the report provides recommendations for facilitating sovereign …
This paper focuses on the need to incorporate physical climate risks in infrastructure design and investment decision-making. It presents how the Coalition for Climate Resilient Investment (CCRI) is addressing the ‘climate resilience market failure’ through the implementation of tools, methodologies and principles to help the various stakeholders involved in infrastructure, …
Climate financing and compensation have emerged as key themes in the international climate mitigtion debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets …
Transport is a key component to climate solution and therefore, pivotal to reach benchmarks established by the ambitious Paris Agreement. We have the technology, tools, and opportunities to advance markets, unlock investments, and scale up action. The climate action pathway – transport provides clear insights to advance and align transport …
This report explores the linkages between water risks, water impacts, and financial markets. It showcases how water risk and impact analysis at portfolio and security level could be conducted and proposes recommendations for financial institutions on how to engage with water risks moving forward. This report examines three equity portfolios …
To meet the Paris Agreement’s long-term goals, it is crucial that developed countries support developing countries in achieving their Nationally Determined Contributions (NDCs) and mobilizing the required climate finance. For this paper, analyzed the impacts of the COVID-19 pandemic on climate finance and climate action implementation in 17 developing countries, …