AUDA-NEPAD advances Africa’s climate finance and carbon market agenda at London Climate Action Week 2026

Date: 2026-07-01
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By:   Nana Appiah Acquaye

London Climate Action Week 2026 provided the African Union Development Agency–NEPAD (AUDA-NEPAD) with a strategic platform to deepen partnerships and advance Africa’s priorities in climate finance, carbon markets, and sustainable development.

Across a series of high-level engagements, AUDA-NEPAD reinforced Africa’s growing role in shaping high-integrity carbon markets designed to mobilise investment, strengthen climate resilience, and support long-term structural economic transformation across the continent.

A key highlight of the week was the presentation of the AUDA-NEPAD Validation and Verification Body (VVB) Accelerator Programme. The initiative responds to a critical gap in Africa’s carbon market ecosystem, namely the limited number of accredited validation and verification bodies operating within the continent.

By strengthening African technical capacity and expanding the pool of accredited VVB institutions, the programme aims to reduce transaction costs, shorten verification timelines, enhance market integrity, and enable African carbon projects to access international markets more efficiently.

AUDA-NEPAD also participated in discussions with the Coalition to Grow Carbon Markets, where stakeholders examined strategies for scaling high-integrity markets capable of delivering measurable climate outcomes while generating economic opportunities, jobs, biodiversity protection, and community benefits. The agency reiterated the need for African countries to move beyond being suppliers of carbon credits and instead play a more active role in shaping global market governance, standards, and architecture.

At the World Bank policy crediting session, AUDA-NEPAD contributed to discussions on mechanisms for rewarding governments that implement ambitious climate policies. The dialogue explored how policy crediting could unlock new climate finance streams for African countries by incentivising economy-wide emissions reductions while supporting national development priorities, including energy transition, sustainable agriculture, forestry, and industrial decarbonisation.

Further engagements included participation in the FSD Africa Carbon Accelerator Programme for Africa (CAPE), where discussions focused on strengthening market infrastructure, improving investment readiness, and attracting greater private sector participation in high-quality carbon projects across Africa.

AUDA-NEPAD also held strategic discussions with the Voluntary Carbon Markets Integrity Initiative (VCMI), focusing on collaboration to enhance governance frameworks, transparency, and credibility within voluntary carbon markets, while building institutional capacity across African systems.

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