Climate financing implications

“Africa is changing rapidly and is poised tobecome the world’s next emerging economy.The issue at hand is how to ensure that thecontinent’s transformation is bolsteredby sufficient and innovative sources offunding. That is the challenge we nowface. One solution would be to speed upthe development of our financial marketswith a view to sparking the transformationof African economies. To do so, we mustcome up with innovative financial productsand set up effective national and regionalfinancial institutions and services.”President Alassane Ouattara, MarrakechOctober 2014