Nigeria, May 10 -- Development Finance Institutions (DFIs) are vital to the climate finance landscape, disbursing roughly US$121 billion in 2012, according to the Climate Policy Initiative. Beyond channelling public budgets, DFIs can raise funds in capital markets, reinvest earnings, and leverage co-financing with partners. Their role in green industrialisation is critical: the goal is to keep Africa's greenhouse gas emissions low, while mitigating the effects of climate change and famine. Despite receiving a disproportionate share of global climate finance, Africa faces a 77 per cent climate investment deficit, and only 23 per cent of its needs are currently met. Moreover, the Baku to Belem Roadmap recognises that developing countries wi...