Adaptation and green minerals lead Africa's 2024 climate agenda

Two new developments — an IMF credit of $1.3bn [€1.19bn] to Ivory Coast to mitigate and adapt to the effects of climate change and $100m commercial backing for Africa's first cobalt sulphate refinery in Zambia — show the range and shape of climate finance in Africa this year.

Set against the continent's urgent needs on climate and energy access, they also point to a chronic shortfall in funding — both from the commercial market and multilateral financial institutions.

A range of s...