This event is organized by the Green Investment Principles (GIP) Africa Chapter, co-chaired by Bank of Africa and Ninety One, in partnership with the Policy Center for the New South (PCNS). The GIP Africa Chapter, established during COP27 in Egypt, is one of the regional chapters of the GIP for the Belt and Road Initiative, a South-South collaboration aimed at bringing an emerging markets perspective to the global sustainability effort. The GIP initiative was launched in November 2019 by the City of London and Green Finance Committee of the China Society for Finance and Banking. Its membership currently includes 49 signatories, mostly large financial institutions, and over a dozen supporting organizations. Under the GIP, these member institutions, which manage over USD 42 trillion in assets, have committed to growing their green and low-carbon investments in developing countries and emerging markets, enhancing ESG risk management, improving disclosure, and adopting innovative green finance products.
RELATED CONTENT
-
AuthorsSeptember 25, 2024This paper was originally published on t20brasil.org In a global context marked by unprecedented economic and environmental challenges, Africa stands at a crossroads. The rapid rise in public debt, coupled with the climate emergency, imposes a dual constraint on the continent's countries, severely limiting their ability to pursue sustainable development and mitigate the effects of climate change. This critical situation calls for innovative and effective solutions capable of tra ...
-
July 25, 2024This event is organized by the Green Investment Principles (GIP) Africa Chapter, co-chaired by Bank of Africa and Ninety One, in partnership with the Policy Center for the New South (PCNS). The GIP Africa Chapter, established during COP27 in Egypt, is one of the regional chapters of the...
-
AuthorsMannat JaspalJune 11, 2024Carbon trading have long been touted as a silver bullet to channelise climate finance to African countries lacking the capital to support climate mitigation and adaptation efforts. The erstwhile ‘Kyoto Protocol’ and its successor ‘The Paris Agreement’, though much more comprehensive and wider in scope, both recognize the importance of carbon trading (a form of carbon pricing) in combatting climate change, and in the Paris Agreement the same is enshrined under Article 6 and its sub-c ...
-
Wiam Hammouchene & Winnie Mutai (ADEL)April 03, 2024Step into the world of climate action with "Echoes of the Earth," featuring ADEL alumna Winnie Mutai from Kenya in an insightful episode on Climate Change Finance. In this discussion, Win ...
-
November 30, 2023In this episode, we dive into the pressing necessity for climate initiatives in Africa. Despite its minimal global emissions, Africa grapples with severe climate challenges and a substantial funding shortfall. Yet, as obstacles persist, including the disconnect between investor expectat...
-
AuthorsSeptember 5, 2023This paper was originally published on ecdpm.org COP27 reached a breakthrough agreement on a new loss and damage fund for vulnerable countries and opened the door for a review of the international financial architecture. Ahead of COP28 at the end of 2023, the AU-EU partnership can help drive global climate change and energy transition agendas forward. A fruitful collaboration between the two continents starts with the following: • Africa and Europe must find common ground to ma ...
-
June 20, 2023This policy brief was originally published on T20 India website A decade of poor growth, increased poverty, and political instability followed the serious debt difficulties that emerged worldwide in the 1980s. There are concerns that the looming debt crisis could create similar challenges and result in even more severe consequences. However, the current economic climate differs in many ways from that of the 1980s, when international banks and Paris Club creditors held most of th ...
-
May 30, 2023Depuis 2020, le Policy Center for the New South, le Programme des Nations unies pour le développement (PNUD) et la Banque mondiale ont lancé l'initiative « Parlons développement », qui consiste en une série de réflexions collectives sur les grands enjeux du développement durable. Cette ...
-
-
AuthorsFebruary 24, 2023Mauritius was on the brink of disintegration in the 1980s, but by 2019 had managed a peaceful transformation from a low income, monocrop, inward-oriented economy to a diversified, outward-oriented, upper middle-income country. Mauritius is now again at a crossroads, having to adapt to accelerating climate change and the impacts of multiple crises. The government of Mauritius has a vision of transforming the country into a knowledge-intensive and inclusive economy of the Fourth Indu ...