10/17/2019
African financial centres step up efforts on green and sustainable finance
The will and the knowledge exist to turn things around.
ESG
10/15/2019
African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa
Green Banks and National Climate Change Funds can play an important role in mobilizing finance to support low-carbon, climate-resilient development
10/15/2019
ADB, CGC to develop Green financing instruments for Africa
Countries can mobilize funds from diaspora, national financial institutions, private investors, asset managers, sovereign wealth funds, and more.
10/08/2019
AfDB commits US$12,5bn to climate change
The bank said Dr Adesina told members of the Global Commission on Adaptation during a climate adaptation summit on the sidelines of the UN General Assembly that many African countries were facing extreme weather patterns, and needed urgent interventions h
10/07/2019
Africa’s Mineral Wealth May Just have to Stay in the Ground to Protect a Changing Climate
Ushie told IPS stranding is an increasingly important policy issue that African countries should consider because they are highly dependent on natural resources, with an average 70 percent of their exports being minerals.
10/04/2019
How are banks doing on sustainable finance commitments? Not good enough
World Resources Institute’s new Green Targets Tool shows that only 24 of the 50 largest private-sector banks have made a sustainable finance commitment — and the targets vary considerably.
10/02/2019
The Financial Services Commission of Mauritius has become the latest financial regulator to sign the Marrakech Pledge
The signing ceremony took place in early September in conjunction with the 18th summit of the Francophone Institute of Financial Regulators hosted by the FSC in Mauritius.
09/24/2019
Collective Commitment to Climate Action
Working together and supporting each other in developing each bank’s capabilities and the necessary methodologies to measure climate impact and alignment with global and local climate goals.
09/24/2019
World's richest families fret about geopolitics, climate change
Total cash reserves were 7.6% of family office investments in 2019, up 70 basis points from a year earlier.
09/23/2019
Banks worth $47 trillion adopt new U.N.-backed climate principles
Under pressure from investors, regulators and climate activists, some big banks have acknowledged the role lenders will need to play in a rapid transition to a low-carbon economy.
09/21/2019
Nigeria: AfDB’s Sustainable Energy Fund for Africa approves $500,000 grant for clean energy
Once operational, NEAF is expected to complement the Bank’s wide range of sustainable energy initiatives currently being implemented in Nigeria.
09/20/2019
Bill Gates and Ban Ki-moon advocate global change
The report finds that the overall rate of return on investments in improved resilience is high
09/19/2019
Kenya gets record Sh145bn green energy investments
“Kenya saw investment of $1.4 billion in 2018, the highest on record, and split almost equally between geothermal at $486 million (Sh50.4 billion), wind at $476 million (Sh49.4 billion) and solar at $467 million (Sh48.5 billion),” says UNEP in
09/16/2019
AfrAsia Bank pioneers Mauritius’ premier Sustainability Awards
The highlight of the 2019 summit is the “AfrAsia Bank Sustainability Awards”, a first in Mauritius and sets the stage for advancing the socio-economic and environmental awareness in the country.
09/15/2019
SA needs greater urgency in tackling climate change challenges
“South Africa is in a period of subdued growth and gross domestic product (GDP) has expanded on average by slightly more than 1 percent on a per capita basis in four out of the last five years,” states the report.
09/13/2019
Evolution II Fund Secures Another $87.75 Million for Clean Energy Access in Africa
We are pleased to have secured commitments from 12 leading investors
09/11/2019
SSGA appoints EMEA ESG investment strategy head
Before that he worked at J.P. Morgan's Private Bank in New York and Frankfurt.
09/08/2019
South Africa still lagging far behind on climate change battle
Global climate strikes are planned for September 20 to 27.
09/04/2019
MENA's Maturing Ecosystem
Major deals so far this year have included a $100 million capital injection in Dubai-based Emerging Markets Property Group
09/03/2019
Going green is not a luxury for Africa
However, even as Africa faces new challenges from climate change, it also has major opportunities to expand its economy and reduce still-pervasive poverty