Climate change is already imposing significant fiscal, social and service-delivery costs on African governments through droughts, floods, infrastructure damage and rising expenditure pressures.
The AAAG Position Paper on Climate-Related Disclosures and Sustainability Reporting in the Public Sector (July 2026) argues that climate-related disclosures are no longer optional; they are an essential component of modern public financial management and accountability. The paper highlights the accountability gap that exists when climate risks and opportunities are not systematically identified, measured and disclosed in general-purpose financial reports, budgets and fiscal risk statements.
This Position Paper urges African governments yo move from general climate awareness to structured, decision-useful disclosures aligned with IPSASB SRS 1. The paper expands this call into concrete recommendations: establishing clear legal and institutional responsibilities, integrating climate risk into asset management and public investment decisions, strengthening cross-government coordination, developing practical disclosure templates, and building the data and assurance capacity required for credible reporting before the 2028 deadlines.
