NEWS

African NDC‑Aligned Green Industrial Infrastructure as a Globally Competitive Investable Asset Class Executive Summary During the World Bank-IMF Spring Meetings, investors advocated for the creation of Priority Investor Status (PIS), a proven framework designed to de‑risk and scale the mobilization of institutional capital for Africa’s NDC‑aligned green industrial infrastructure and…

Dr. Hubert Danso, Chairman, Africa investor (Ai) Group Every year of delayed green technology deployment costs the world an estimated $1.6 trillion in climate damages and lost opportunities—a stark reminder of the urgency to act. The challenge of achieving net-zero targets amidst systemic climate finance gaps is one of the…

African Green Industrial Cities: A Place-Based Institutional Investor-Public Partnership to Propel Africa’s Green Industrialization The Sustainable Markets Initiative (SMI) Africa Council (SMIAC) launched its African Green Industrial Cities Briefing today on COP29 Finance Day. The briefing, aligned with the COP29 Presidency’s Green Energy Declaration Pledge on Green Energy Zones and…

The Sustainable Markets Initiative (SMI) Africa Council has unveiled a new initiative aimed at making natural assets a core component of national balance sheets. The Natural Capital on African Governments’ Balance Sheets initiative is an institutional investor-public partnership led by the SMI Africa Council, which brings together institutional, technology and…

Partially lifting the lid on a “treasure trove” of international economic data has not dampened interest in getting a closer look inside, but the crystal ball for the future is hazy. The valued data in question is known by the acronym GEMs. There’s information from 26 development finance institutions covering…

By now it’s a well-established pattern. A bright-eyed new World Bank president, the current one being the former Mastercard CEO Ajay Banga, comes in promising to leverage judicious injections of public money to unlock the vast reserves of private sector cash itching to invest in infrastructure in developing countries. The…

New York, September 24, 2024Global institutional investors, representing over $50 trillion in assets as universal owners, have committed to supporting Africa’s Nationally Determined Contributions (NDCs) by assisting governments in transforming them into investable, bankable projects. At the African NDC Institutional Investment Summit, held during New York Climate Week alongside the…

The challenge of climate change demands innovative solutions, especially for African governments looking to accelerate green development and economic growth. Enter the Institutional Investor-Public Partnerships (IIPP) framework’s Presidential Climate Investment Authority (PCIA) — a game-changing platform designed and championed by the African Green Infrastructure Investment Bank (AfGIIB), the African Union, Africa…

Publish What You Fund, a global campaign for aid transparency, has published a draft proposal outlining a new approach for boosting private capital mobilization (PCM) for emerging markets and developing economies (EMDEs). According to an executive summary of the draft proposal, there is a desire for more resources for multilateral…