Climate Finance Utilization in Africa and Asia: Economic Outcomes and Policy Effectiveness

Institute For Policy Research & Governance / 14/07/2026

Authors : Sakshi Vyas, Jacob Machaka, Lefu Elias Matsikitlane, Anuoluwapo Enitan Popoola

Abstract :

The use of climate finance has become one of the most significant means of combating climate change at the international level, but its conversion into tangible impacts has been extremely uneven in the Global South. The aim of this paper is to examine how the three largest emerging economies, South Africa, Nigeria, and India, implement climate finance and whether the national policy framework is effective in translating finance into tangible impacts. The fivelens approach used for the examination includes policy coherence, implementation, evidence of impact, economic impact, and structural obstacles. The question to be examined is whether the funds work. Based on the results from the analysis, it becomes evident that while all three countries have indeed taken real efforts to align themselves with global conventions like the Paris Agreement and the UNFCCC, there are implementation gaps when it comes to ground realities. There have been positive developments on the part of South Africa and its REIPPPP and on the part of India and its NAPCC. However, both initiatives still face serious issues related to fragmented governance and lack of financing resources. Nigeria, even though its policy framework has become quite ambitious, suffers from poor institutional coordination, high administrative costs and persistent under-financing of adaptation activities. It is evident that the key determining factor here is not finance but quality of institutions and coherent implementation practices.

Keywords:
Climate Finance, Policy Coherence, Implementation Effectiveness, Emerging Economies, Global South, Institutional Governance, Energy Transition

Articles, Law & Governance

GOVERNANCE DEFICITS AND IRREGULAR MIGRATION PATHWAYS: A COMPARATIVE STUDY OF INDIA AND SUB-SAHARAN AFRICA WITH EMPHASIS ON YOUTH VULNERABILITY AND POLICY RESPONSES

Institute For Policy Research & Governance / 14/07/2026

Authors : Mpude Blanche Diale Nzalle, Ezekiel Kaba, Monique van Eeden

Abstract :

Irregular migration is a major humanitarian challenge in twenty-first-century Sub-Saharan Africa and India and a persistent global issue. In India, it often occurs through informal agents, driven by high recruitment costs, visa restrictions, and weak governance in states such as Punjab, Kerala, and Andhra Pradesh. This study aims to examine how governance deficits shape irregular migration in both regions, with a focus on youth vulnerability and policy responses. Using a comparative qualitative/mixed-methods design, it draws on IOM and World Bank reports, national migration documents, and case studies of major routes, with comparative policy review and descriptive statistics. The research indicated that inadequate governance intensifies irregular migration, which in turn hinders economic prospects for youth. The analysis demonstrates that although India has established formal migration frameworks, such as the Ministry of External Affairs and the Protectorate of Emigrants, their effectiveness remains consistently restricted. Findings indicate that governance deficits and high youth unemployment are structural drivers of irregular migration, operating independently of economic factors. Governance failure is identified as a primary cause of irregular migration among youth. The study recommends strengthening migration governance, mechanizing agriculture, providing sustainable youth business financing, and expanding access to education and vocational training. These measures would increase meaningful employment and reduce incentives for dangerous, illegal journeys.

Keywords:
Irregular Migration, Governance, Youth Vulnerability

Articles, Public Policy

The Implementation Gap in Youth Entrepreneurship Policy: A Comparative Study of Nigeria and India

Institute For Policy Research & Governance / 14/07/2026

Authors : Rachael Osioyemi Olaiya, Shreeya Gupta, Arya Rani, Nithin Reddy

Abstract :

India and Nigeria are two of the world’s largest developing economies, both marked by young, fast-growing populations and fundamental youth unemployment, prompting governments to create entrepreneurship programmes. Despite these programmes, most businesses remain informal. Roughly 80% of Nigerian SMEs fail within five years, and nearly 90% of India’s youth workforce is informally employed. Output-focused evaluations fail to capture the implementation gap between formal policy and its on-the-ground effectiveness. This paper evaluates why youth entrepreneurship policies in India and Nigeria consistently fail to produce sustainable outcomes, and what both countries can learn from economies that have successfully closed this gap. Adopting a qualitative-comparative case study approach, the paper examines India and Nigeria as primary cases benchmarked against South Korea and Rwanda. Drawing on national MSME surveys, ILOSTAT, World Bank Enterprise Survey, GEM India, and government program evaluations, the paper applies Stam’s Entrepreneurial Ecosystem Framework as the analytical lens across all four countries. The analysis reveals that India and Nigeria’s ecosystems remain weak across formal institutions, finance, infrastructure, and intermediate organisations, reflecting a governance approach that controls outcomes rather than building conditions required by businesses to grow and formalise. South Korea’s unified SME Ministry, collateral-free policy funds, alongside Rwanda’s regulatory reforms, demonstrate that closing this gap requires deliberate ecosystem governance rather than direct financial interjection. The paper concludes that high failure rates reflect design flaws in ecosystems built for the formalized urban minority, not low entrepreneurial ambition, and calls for development policy to measure success by accessible infrastructure rather than loan disbursement volume.

Keywords:
Youth Entrepreneurship, Implementation Gap, Entrepreneurial Ecosystems, Informality, Ecosystem Governance, India, Nigeria

July 14, 2026