The Role of Regional Financial Institutions in Africa’s Adaptation and Resilience Finance
Event at the London Climate Action Week
This roundtable will facilitate a high-level, solution-oriented dialogue among key financial stakeholders to explore the role of regional financial institutions (RFIs) towards unlocking A&R financing across the Sub-Saharan Africa.
Event description
ABOUT AFRICA BUSINESS ADAPTATION PLATFORM
Africa faces a significant adaptation financing gap, requiring $579 billion by 2030. Despite a potential return of 2 to 15 times the initial investment, private sector engagement remains minimal, with private debt accounting for only 7% of total funding raised. Doubling this share to 14% could unlock an additional $3.38 billion annually.
To address this gap, GCA and the World Economic Forum have launched the Africa Business Adaptation Platform under GCA’s Africa Adaptation Acceleration Program (AAAP). This initiative will:
- Engage commercial investors, corporates, and multilateral institutions.
- Scale innovative financing mechanisms and business models.
- Build on efforts like the Adaptation & Resilience Leaders Initiative launched at Davos 2025.
Climate change is a growing business risk—but adaptation is a strategic investment opportunity. The private sector must lead this transformation. Banks and funds that act now will not only mitigate risk but open new markets, create resilient value chains, and secure long-term profitability.
OBJECTIVE
This roundtable will facilitate a high-level, solution-oriented dialogue among key financial stakeholders to explore the role of regional financial institutions (RFIs) towards unlocking A&R financing across the Sub-Saharan Africa. The discussion will convene major regional African banks, donors, asset managers, and institutional investors to uncover further touchpoints and collaboration areas across the stakeholders on boosting the role of regional financing institutions in A&R financing; and identify additional roles that the GCA can play working together across the private sector and development finance stakeholders towards the above.