Significant opportunities exist for businesses that align their strategies to contribute to climate action and the SDGs. Climate investments in sub-Saharan Africa represent an US$ 783 million opportunity. The SDGs could unlock an economic prize of at least
US$ 1.1 trillion and create over 85 million new jobs by 2030 in Africa. Green and sustainability-linked bonds and loans are amongst the fastest-growing financial instruments. And 88% of African consumers expect companies to take action to improve the environment.
In Uganda, the private sector has already leveraged opportunities to make a positive impact on climate change. Ugandan companies have provided much-needed climate finance, facilitated technology transfer and enabled infrastructure development. Resources from the Clean Development Mechanism have been mobilized to implement projects in the renewable energy and energy efficiency sectors.