Climate Action Peer Exchange (CAPE) is a forum for peer learning, knowledge sharing, and mutual advisory support. It brings together ministers and senior technical specialists from finance ministries across the world, as well as World Bank staff and other international experts, to discuss the fiscal challenges involved in implementing the Nationally Determined Contributions (NDCs) established under the 2015 Paris Agreement.
The governments of Cameroon and Ghana wanted to use oil and gas revenues more effectively to promote economic growth and reduce poverty. They also wanted to improve transparency and accountability in the sector. However, Cameroon and Ghana, as well as many other African countries, have had difficulty managing and sustaining the windfall wealth and savings from their natural resources.