By 2030, African nations need to invest $3 trillion to tackle their Nationally Determined Contributions (NDCs) for climate change priorities. Domestic and international public and private climate finance needs to be mobilised at scale and fast.

The Africa Green Finance Coalition is a new initiative designed to fast-track African economies’ political will and efforts to mobilise and invest large volumes of green investment. The AGFC platform will enable African governments to pool resources, share learning and create a pathway for increased domestic and international flows of green investment capital to the continent.

Aiming for a formal launch at COP27 in Egypt, the AGFC platform will enable African governments to collaborate in designing future-proof climate finance regulations, policies, incentives, institutions and investment portfolios at scale.