by the non-profit Climate Policy Initiative found Africa has received only 12% of the finance it needs to cope with climate impacts.
"The new narrative ... should be an Africa that is willing and ready to attract capital that is timely, equitable and at scale to lead the world in tackling climate change." Market-based financing instruments such as carbon credits that allow polluters to offset emissions by funding activities including tree-planting and renewable energy production are high on the list of funding options.by buying back a nominal $500 million of its international debt and issuing an eco-friendly amortising bond of equal size.
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