Publication date: 28 September 2023
Author: African Development Bank (AfDB)
Description: This note presents the African Development Bank’s Country Focus Report for Uganda. Uganda is vulnerable to climate change and volatile weather events, such as drought and flooding, that it is already experiencing, and which are expected to further worsen over the remainder of this century. There is a link between climate change and economic growth that, if not addressed through investment in adaptation and mitigation, is expected to slow down growth. To support Uganda to address these challenges, the country will need to explore all channels of financing. Apart from funding through global development partners, the private sector could be harnessed to increase climate funding. Additional resources can be harnessed through the exploitation of natural capital resources that have a significant potential in Uganda.
