Experts suggest that African countries need to address risks like currency instability to attract investors for climate tech. Investors should broaden their interests to different climate sectors to utilize various funding methods.
Private sector financing for climate tech in Africa was only 14% of total climate finance from 2019 to 2020. This is due to investors focusing on familiar areas like renewable energy, neglecting more diverse initiatives.
#climate-tech-startups #private-sector-financing #climate-finance #investor-appetite #renewable-energy-technology
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