Determinants of climate finance: Analysis of recipient characteristics in Sub-Sahara Africa

What are the characteristics of recipient countries that attract more climate finance in mitigating and adapting to change? In this study, we address question by looking at recipients 43 Sub-Sahara African for period 2006–2017, implement several panel regression techniques, including system generalized methods moments estimations potential endogeneity concerns. We also performed sensitivity analysis using quantile regressions. The findings show with higher population growth rate, poverty levels, better ease doing business profile, weaker governance policies, control corruption, stronger rule law enforcement, deepened social inequality, ICT usage, have attracted finance. Policy implications study discussed.