This policy document provides the following key messages to decision makers in Africa:
-Prospects for large additional infusions of public funds from industrialised countries have declined for a variety of reasons, including the financial crises in the USA and the EU.
-Private sector sources will be needed to help meet climate finance commitments.
-Modest levies on international air and marine transport services could easily raise the equivalent of US$10-33 billion per year for climate finance.
Download file: ENG
Organization: UNECA, African Union Commission, African Development Bank
Topics: Finance, Economic Analysis, Financial Mechanisms, COP22 List of UN Publications
Type of material: Policy Document
Publication date: 2013