Climate Finance and Economics
Overview
Climate change is the great challenge of our era, and the flow and timing of climate finance is woefully insufficient to address the growing emergency.
The private sector must be involved, and public funding that is already committed must be made more easily accessible to developing and emerging economies. We aim to be the leading global advisory firm unlocking climate finance for a just transition and to build climate adaptation and resilience.
Areas of Expertise
Climate finance
Mobilising flows of climate finance is essential for a Just Transition and to boost Resilience & Adaptation. This means incentivising private funding alongside public, mitigating risks, building partnerships, innovating around barriers, and holding historic polluters accountable.
Just transition
Our Just Transition work addresses equity, distributional consequences of action and inaction, jobs and skills-building, amplifying marginalised voices, understanding the needs of ‘young’ countries, and mitigating the costs of structural changes to emerging and developing economies.
Resilience and adaptation
Climate resilience and adaptation is about identifying, quantifying and mitigating climate risks, preparing for disasters, diversifying opportunities, streamlining climate into policies and budgets, enhancing nature-based solutions, protecting the most vulnerable, and anticipating the impacts of migration and urbanisation.
Projects
Making South Africa’s Just Energy Programme a reality
Genesis is work closely with South Africa’s National Treasury Asset and Liability Management Division and the Presidential Climate Finance Task Team to provide strategic advice and recommendations as regards the resource mobilisation and coordination function for the JET IP.
Support to fast-track climate plans in developing nations
Genesis worked with the Nationally Determined Contributions Partnership (NDCP) to provide analytical support to inform decision-making related to the development of Partnership Plans and NDC implementation across a range of NDCP developing-country members.
Developing a sustainable pipeline of low-carbon projects in Egypt
Genesis, in partnership with Acumen Consulting, is working with PwC as a delivery partner for the Climate Finance Accelerator (CFA) programme, which aims to develop a sustainable pipeline of bankable, low-carbon projects in Egypt and to identify suitable financing options for them.
Addressing the climate change challenges in Saint-Louis, Senegal
Genesis partnered with FSD Africa and Umoa Titres to develop a study that determines the feasibility of deploying a financial instrument to address climate change, environmental and/or waste management challenges in the city of Saint-Louis, Senegal.
Related Focus Areas
Behavioural solutions
Genesis recognises that certain problems in commerce and development demand an expert understanding of human behaviour. Moreover, the quality of traditional solutions can often be dramatically improved by incorporating behavioural expertise. Behavioural Solutions at Genesis combines expertise in economics, psychology, anthropology and sociology to unlock value.
Financial Services Strategy
Our Financial Services team has completed more than 1000 projects across sub-Saharan Africa and the Middle East since 2001. We work with leading financial institutions to address their challenges, unlock value for their stakeholders and shape the future of the industry.
Our team understands the evolving technology and market structures, economics and regulatory trends across all segments of the financial services sector. Our distinct approach is characterised by deep specialisation and rigorous analysis based on a strong economics foundation.
Human Development
We work for a world where everyone can develop to their full potential. We are focused on expanding meaningful rights and opportunities for people who are marginalised. Part of a global African firm, we are particularly committed to children, women and young people in Africa and the Middle East.
We work in key human development areas: health, nutrition, and WaSH (water, sanitation and hygiene); youth, education and early childhood development; and social protection and social care. Rapid changes in demography, climate and technology are generating massive challenges and tremendous opportunities for human development. At the same time, Covid-19 has caused a severe shock to human development from which people and systems need to recover.
We help governments, their global partners, and private and non-state clients to improve the delivery of key human development services while navigating these changes. To do so, we provide services in diagnostics; regulation, governance and oversight; strategy, planning and implementation; financing and budgeting; service delivery; and monitoring and evaluation.
Monitoring, evaluation and learning
We work to maximise the social and economic impact of development efforts. As a trusted provider of monitoring, evaluation and learning (MEL) services we combine our deeply rooted understanding of the African context with our extensive experience in qualitative and quantitative monitoring and evaluation (M&E) methods to assess progress, measure value creation, and facilitate internal and external learning.