This reflection note synthesises key insights from the Climate Finance Innovators (CFI) project, supported by Germany’s International Climate Initiative. CFI explored the interface between carbon and climate finance in Africa. Key insights build on a comprehensive range of activities, including two approved GCF project approvals in Senegal and Ethiopia and support to CDM transition in Uganda, as well as capacity building, Article 6 negotiations support, knowledge generation and dissemination in partner countries and with regional alliances in Eastern and West Africa.