Ahead of the IMF/World Bank Annual Meeting and the 27th Session of the Conference of the Parties, to the UN Framework Convention on Climate Change (COP 27), the NetZero Asset Owners Alliance hosted a High-level Dialogue on Scaling Blended Finance for Climate Solution Investment in Emerging Markets.
The High level Dialogue was moderated by Dr. Hubert Danso, CEO & Chairman, Africa investor (Ai) and Chairman, African Green Infrastructure Investment Bank (AfGIIB).
The Dialogue included a keynote address by Selwin Hart, UN Special Adviser to the Secretary-General on Climate Action and Just Transition, and a leaders panel discussion between the following speakers:
• Dr. Andrea Hauser, Member of the Management Committee, KfW
• Günther Thallinger, Allianz SE Board Member and Chair, UN-convened Net-Zero Asset Owner Alliance.
• Marc-André Blanchard, Executive Vice-President and Global Head of Sustainability, CDPQ
• Magnus Billing, CEO, Alecta
• Chris Clubb, Managing Director, Convergence Blended Finance
• Nick O’Donohoe, CEO, British International Investment
The Dialogue aligned with Africa investor’s, Multilateral Development Bank (MDB) shareholder-instigated, climate finance mobilization reform proposals, for MDB shareholders, Boards of Governors & their Heads of State, to further catalyze private capital towards the achievement of African Nationally Determined Contributions (NDCs) investment projects, released in collaboration with Deloitte, during the Commonwealth Heads of Government (CHOGM) and the G7 Summit, in Rwanda and Germany respectively, earlier this year. The Dialogue also complimented themes and recommendations, from The African Heads of State and Government-Institutional Investor Climate Finance Dialogue, co-hosted by Africa investor and The UN Office of the Special Adviser on Africa (OSAA), during the High-Level Segment of the 77th Session of the United Nations General Assembly in New York.
These and related institutional investor-public partnership issues and opportunities, to mobilize investment, for African NDC projects, will be discussed at Africa investors’ COP27 African NDC Investment Summit & Awards, 8 November 2022, in Sham El Sheikh, Egypt.
See how Ai is combating Climate Change.