This factsheet explores how Africa—despite contributing the least to global emissions—faces mounting debt from concessional loans used to finance climate action. It reveals that two-thirds of climate-related Official Development Assistance (ODA) to Africa comes in the form of loans, with the World Bank’s IDA and China among the largest providers. The analysis highlights the heavy reliance on debt for adaptation finance, the concentration of funds in a few countries, and the inequities this creates for Least Developed Countries. The document calls for prioritizing grant-based financing, reforming global financial architecture, and enhancing transparency to ensure climate finance is fair, equitable, and responsive to Africa’s urgent needs
