Africa has been suffering from the legacy of climate injustice for decades. While the continent has contributed minimally to global warming, accounting for only 4% of total global carbon emissions, millions of its poorest people face extreme weather events such as floods, droughts, deforestation, and rising sea levels.

In addition, African countries are among the least climate-resilient in the world, with high vulnerability to climate impacts on economies and livelihoods, and limited resources to implement adaptation measures. Indeed, Africa's climate finance gap is substantial, with current flows covering only about 23% to 25% of the estimated $2.8 trillion needed to meet Africa climate goals by 2030.

This webinar will focus on exploring the financing landscape shaping Africa’s energy transition by examining how things currently work, where they fall short, the actors involved, the structural barriers that persist, and the systemic changes needed to unlock a just and development-focused energy future. Understanding these interwoven dimensions can help in imagining a financing framework that attracts more and better flows to the continent, without sacrificing its development ambitions.

With major global events coming up this year — including COP30 and the G20 summit — Africa must stand together to advocate for a reformed global financial system, improved access to resources, and the recognition that climate change is a matter of justice.