Transition Finance in Partnership with GIP Africa

July 25, 2024

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.

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