climate finance

Afronomicslaw Quarterly Report Launch: African Subnational Governments and the Proliferation of Climate Finance Instruments

This report explores whether the Tanga UWASA Green Bond represents true domestic capital mobilisation or entrenchment of foreign financial dependence, given its recent listing on the Luxembourg Stock Exchange (LuxSE). Additionally, the report addresses the hidden transaction costs, the crowding-out effect on private capital, and the potential for socio-economic displacement tied to investor-driven return imperatives. By evaluating the bond’s structure against international green bond standards and Tanzania’s Five-Year Development Plan, this report critiques the potential of green finance to balance debt sustainability with meaningful environmental and social outcomes.

35th Afronomicslaw Academic Forum Guest Lecture - Climate Risks, Finance and Regulation in Africa

This lecture will explore the interlink of climate risks, financial regulation, and sustainable finance, drawing on insights from my advisory work with central banks, financial institutions, and UN agencies, and from my teaching roles at University of Cape Town and Strathmore Business School. The lecture will examine how climate risks affect macroeconomic shocks and explore Africa's evolving climate-related regulatory landscape, including prudential frameworks and disclosure requirements. We will explore recent developments, including new reporting standards, innovative finance products, carbon market regulations, and green finance taxonomies.

Afronomicslaw Quarterly Report Launch: Debt-For-Nature Swaps: Fit For Africa?

This report critically examines the trends and drivers of the debt-for-nature swap (DNS) in Africa, including its design frameworks, challenges, and potential, as currently implemented, and outlines the specific design principles for a fit-for-Africa DNS.

Invitation - Afronomicslaw Quarterly Report Launch: The Limits of Carbon Markets as a Solution to the Climate Crisis

Join us for the launch of Afronomicslaw’s latest quarterly report, "The Limits of Carbon Markets as a Solution to the Climate Crisis" by James Thuo Gathii. This report critically examines the role of global finance in commodifying biodiversity assets and its implications for climate justice and sovereign debt in the Global South. The session will include an author presentation and a Q&A session.

Invitation: Climate Finance and Sovereign Debt - Afronomicslaw Event on the Sidelines of the Spring Meetings of the IMF and World Bank Group

March 23, 2024

Afronomicslaw.org invites you to a roundtable discussion on Climate Finance and Sovereign Debt organized on the Sidelines of the Spring Meetings of the International Monetary Fund and the World Bank Group

Date: 18th April, 2024

Time: 3:30pm - 6.00pm

Venue: Yours Truly DC Hotel, 1143 New Hampshire Ave, NW, Washington, DC 20037, USA.

New Book: Transforming Climate Finance in an Era of Sovereign Debt Distress, James T. Gathii, Adebayo Majekolagbe, and Nona Tamale, Eds. (Free Access)

This book brings together a team of talented young researchers convened by the African Sovereign Debt Justice Network (AfSDJN). Over a two year period they researched and carefully considered how best to transform climate finance in an era of sovereign debt distress. One of the major insights of the book is that unless climate finance is fundamentally transformed, its growing number of instruments and initiatives will entrench the sovereign debt crisis while failing to resolve the ecological crisis that many countries are already experiencing.

Ninety Third Sovereign Debt News Update: Macron’s Global South Climate Summit: Stepping Up on Private Climate Finance to Climate Vulnerable Countries – What’s the Allure of Private Climate Finance About?

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.

Editorial: Transforming Climate Finance in an Era of Sovereign Debt Distress

On the sidelines of the Africa Climate Summit this week, the African Sovereign Debt Justice Network will launch its book - Transforming Climate Finance in an Era of Sovereign Distress. This book published by Sheria Publishing House is the result of a two-year long project that brings together the carefully researched insights of a team of talented African researchers. The most significant insight developed in the book is that the emerging dominance of debt driven climate finance solutions is the latest and most significant indicator that the global finance and sovereign debt architecture is irretrievably broken.

Afronomicslaw Book Launch Event: Transforming Climate Finance in an Era of Sovereign Debt Distress, James T. Gathii, Adebayo Majekolagbe, and Nona Tamale, Eds.

This book brings together a team of talented young researchers convened by the African Sovereign Debt Justice Network (AfSDJN). Over a two year period they researched and carefully considered how best to transform climate finance in an era of sovereign debt distress.

Ninety First Sovereign Debt News Update: Macron’s Global South Climate Summit: Stepping up on (Private) Climate Finance to Climate Vulnerable Countries

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.