Ai Academy Climate Investment Action Initiatives:African Green Infrastructure investment Bank initiative (AfGIIB) (Project Development, Risk bearing Vehicle, Equity Investing Platform) The African Green Infrastructure Investment Bank (AfGIIB), is an African Union-convened, African institutional investor-led, global climate investment initiative, to catalyze private capital for Africa’s green transition, in the run up to COP27 in Africa and beyond. Led by the Ai African Sovereign Wealth an Pension Fund Leaders Forum, (AiSWPFF), AfGIIB announced its Advisory Board of African and global institutional investment leaders, representing over $20trn of assets under management and advisement, during the G7-Africa investor Summit, held in association with the G7’s institutional Investor Leaders Network (ILN), on the side lines of the G7 Summit in Cornwall.Ai through The Ai Academy, helps investment and business leaders and policy makers to understand the evolution of climate investing in Africa, to enhance their performance, competitiveness and provide a fact base for decision-making at the continental level. Our climate initiatives and interventions seek to: 1. Mobilize private capital at scale for Africa’s Just Energy Transition, 2. Deploy private capital at speed, 3. Deepen and green secondary and capital markets, 4. Stimulate and support innovative project developers, 5. Increase MDB de-risking for private capital mobilization, and 6. Develop and host an online best practice repository for Bankable NDC’s and IIPP’s Ai Climate Initiatives; 1.
Read more: https://afgiib.com/index.php/2021/07/31/african-green-infrastructure-investment-bank-announces-20trn-advisory-board-at-g7-africa-investor-summit/2. The Model Law on institutional investor-public partnerships (ML-IIPP’s)
Announced at COP26 and launched at COP27, The ML-IIPP initiative is a collaboration led by the Ai, The African Green Infrastructure Investment Bank (AfGIIB), The African Union Development Agency (AUDA) and its global partner the CFA Asset Owners Council (AoC), in association with global law firm DLA-Piper (which is also COP 26’s Legal Service Provider).
The Model Law introduces and enables the use of a newly designed infrastructure investment procurement regulation and framework between governments and global institutional investors, to mobilize private capital at scale and to deploy that capital at speed, for green, Net Zero and NDC infrastructure investment programmes and projects, both domestically and across borders.
Read more: https://afgiib.com/index.php/2021/11/18/institutional-investors-announce-net-zero-model-investment-law-at-cop-26/3. Ai African NDC Investment AwardsThe NDC Investment Awards, organized by Africa investor and sponsored by the Africa Green Infrastructure Investment Bank, were announced at the Commonwealth Heads of Government Meeting in Kigali, in June 2022. The awards recognize leadership and ambition across the main NDC sectors and reward the governments, institutions, and individuals driving transactions and improving the investment readiness of Africa’s NDC projects requiring $3trn of investment by 2030. At the Ai-OSAA African Heads of State and Government-Institutional Investor Climate Finance Dialogue, that took place at margins of the High-Level Segment of the 77th Session of the UN General Assembly in New York, the 100 Best Shortlisted NDC Awards projects were announced. 4. African Water Investment Platform (AWIP) The African Water Investment Platform (AWIP), sponsored by the African Green Infrastructure Investment Bank (AfGIIB) and Water Asset management, (WAM), is a private equity investment platform, established to invest primarily in regulated water and waste water utilities, long-term concessions, bulk water resource development, storage and transmission assets, and industrial water and waste water treatment infrastructure in Africa.
Read more: https://www.africainvestor.com/matthew-diserio-hubert-danso-explain-why-you-should-invest-in-water-infrastructure-in-africa/5. The SDG’s-ESG Infrastructure Investment Impact Framework
Launched during the 2020 World Bank-IMF Annual meetings, to address the dearth of information available to assist asset owners, measure the impact of their Real Asset portfolios on both ESG compliance and the delivery of the Sustainable Development Goals (SDG’s), Ai, the CFA Asset Owners Council and GRESB, with support from The University of Cambridge Institute for Sustainability Leadership (CISL), launched The SDG’s-ESG Infrastructure Investment Impact Framework, a framework, narrative and benchmark developed by and for ASSET OWNERS, to MEASURE THE IMPACT, of infrastructure assets on the delivery of the SDG’s and ESG.SDG’s-ESG Infrastructure Investment Impact Framework6. The African Heads of State and Government-Institutional Investor Climate Finance Dialogue OSAA-Ai The Office of the Special Adviser on Africa (OSAA) in collaboration with the Africa investor (Ai) established the African Heads of State and Government Climate Finance Dialogue platform. The initiative is a unique platform for a dialogue on climate investment intermediation, between African Heads of State and government, and the domestic and international investment community, with the aim of forging investment partnerships at scale, that promote and deliver bankable National Determined contributions (NDCs) projects, that accelerate Africa’s climate transition and the delivery of the SDG’s and the African Union’s Agenda 2063.For more information see:
Read more: https://www.africa.com/the-african-heads-of-state-and-government-institutional-climate-finance-dialogue/7. Multilateral Development Bank (MDB) shareholder-instigated, climate finance mobilization reform agenda. To further catalyze private capital towards the achievement of African Nationally Determined Contributions (NDCs), Africa Investor (Ai) collaborated with Deloitte on a headlight paper setting out a proposed vision for MDBs, with a view to increasing the speed, scale and efficiency in the mobilisation of private capital towards the achievement of African NDCs and climate resilience. Released during CHOGM and the G7, The preliminary Interim Communique of 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) was shared.
Read more: See full report launched at COP27.8. Just Transition Investors Alliance (JTIA)
At COP27, Ai, the African Union Development Agency (AUDA), The African Continental Free Trade Area Secretariat (AfCFTA) and a variety of investment partners and stakeholders, announced the Just Transition Investors Alliance (JTIA), An investor led, Just Transition Value Chain Investment Initiative, to promote and procure ‘finished goods’, from African Just Transition Green Economic Zones, (under the AfCFTA), supplying the $10trn pa, Global Green Industrial Economy (GGIE). The JTIA, is built on an overarching theory of change that institutional investors as universal owners, investee company corporates as customers and MDB’s, regional banks and development finance institutions, as private capital credit enhancers, have a pivotal role to play in positively influencing Africa’s Just Energy Transition and equitable and increased participation in global value chains for ‘finished goods’ and green technologies, and to assist African and global policymakers, to prioritize institutional investor-public partnerships (IIPP’s) to accelerate that process.
Read more: www.jtia.biz9. The Investable Africa We Want & Agenda 2063 Report
The Africa investor Sovereign Wealth and Pension Fund Leaders Forum (AiSWPFF), produced and released a ground breaking, COVID-19 response, Climate investment and Agenda 2063 Investment Report, at The G7-Africa investor (Ai) Summit, held in association with the G7’s institutional Investor Leaders Network (ILN).The Investable Africa We Want and Agenda 2063 Report, resulted from the African Sovereign Wealth and Pension Fund Leaders Forum (ASWPFF) COVID-19 Consultation process, on the role and response of African institutional Investors against the COVID-19 pandemic, held in collaboration with the African Union’s Continental Business Network (CBN).
Read more: https://www.africainvestor.com/wp-content/uploads/2022/02/The-Investable-Africa-we-want-and-Agenda-2063-Published.pdf10. The COP27 African investor (Ai) African NDC Investment Summit & Awards:
The Ai African NDC Investment Summit & Awards, co-hosted by Ai, The African Union Development Agency (AUDA), The Continental Business Network, Africa investor (Ai) Group, the NDC Partnership and the African Green Infrastructure Investment Bank (AfGIIB), on the Margins of COP27, is an institutional investor-public partnerships (IIPP’s) showcase platform, for green infrastructure investment projects, climate finance opportunities, as well as engagement on developing the bankable projects pipeline, for Africa’s $3trn of National Determined Contribution projects (NDC’s) and green hydrogen investment projects seeking capital.
The Summit will host the inagural African NDC Investment Awards, designed to inspire speedy implementation and greater ambition across all NDCs.The Africa investor Sovereign Wealth and Pension Fund Leaders Forum (AiSWPFF), produced and released a ground breaking, COVID-19 response, Climate investment and Agenda 2063 Investment Report, at the G7-Africa investor (Ai) Summit, held in association with the G7’s institutional Investor Leaders Network (ILN). The Investible Africa We Want and Agenda 2063 Report, resulted from the African Sovereign Wealth and Pension Fund Leaders Forum (AiSWPFF) Covid-19 Consultation process, on the role and response of African institutional Investors against the COVID-19 pandemic, held in collaboration with the African Union’s Continental Business Network (CBN).
11. The IEA Africa Energy Outlook 2022
Africa investor (Ai), was part of the Expert Review Group, supporting the IEA with the their seminal Africa Energy Outlook 2022 report, in preparation for COP27.The IEA Africa Energy Outlook 2022, under the banner of their, flagship World Energy Outlook series, has become a key contribution to developing a better understanding of the trends and dynamics at work in African energy systems and how they could evolve in the coming decades. This latest edition was produced in co‐operation with the African Union Commission, the United Nations Economic Commission for Africa, and more than 20 African experts from 15 different countries.
Read full report: https://www.iea.org/reports/africa-energy-outlook-2022
Africa investor (Ai) is a member of the High-Level Panel on Water Investments Expert Advisory Group.
The International High-Level Panel on Water Investments for Africa, was formally launched on 25 March 2022, during the 9th World Water Forum in Dakar, by His Excellency Macky Sall, President of the Republic of Senegal and Chair of the African Union. The objective of the panel is to develop actionable pathways for mobilising US$30bn annually by 2030, for implementing the Africa Water Investment Programme (AIP) and closing the existing water investment gap in Africa, which is estimated at US$11-20bn.
Read more: https://aipwater.org/high-level-panel/
Africa investor (Ai) is an A4S Advisory Board member. A4S’s mission is to transform finance to make sustainable business, business as usual.
Accounting for Sustainability (A4S) was established by HM King Charles III in 2004, when he was The Prince of Wales, to help ensure that we are not battling to meet 21st century challenges with, at best, 20th century decision making and reporting systems.
A4S aims to inspire action by finance leaders, to drive a fundamental shift towards resilient business models and a sustainable economy.
14. BHRRC – Investor Group on Just Transition in Clean Energy Supply Chains
Chaired by Mary Robison, the Former President of Ireland, the BHRRC- Investor Group on Just Transition in Clean Energy Supply Chains, aims to support a clean energy transition that is both fast and fair.
The Business and Human Rights Resource Centre (BHRRC) works to ensure that justice and human rights, are at the centre of bold and effective climate action, helping centre community voices, and helping shape the norms and regulatory environment for business and investors, to guarantee shared prosperity and energy access from the green economy.
Read more about BHRRC here: https://www.business-humanrights.org/en/about-us/
14. African Critical Minerals Investor Brief Launched at COP27 by Africa investor (Ai) and Tahuti Global
Africa investor (Ai), in collaboration with Tahuti Global, launched an investor briefing entitled Climate Financing in Africa – A Solution for The Global Critical Minerals Shortage and Regional Sustainable Development, during the Africa investor (Ai) NDC Investment Summit and Awards, held in collaboration with the African Union Development Agency (AUDA), The NDC Partnership, The International Energy Agency (IEA) and The International Chamber of Commerce (ICC).
The briefing sets out, that with appropriate investment and regulations, Africa could become an essential and immediate investment destination and source of sustainable critical materials and finished green technologies.
A partnership between Africa investor (Ai) and DECARD, to mobilise and deploy investment in nature-based and climate projects, using Web3 infrastructure and community-focused economic governance, to transparently enable robust investments and capital facilitation to Nationally Determined Contribution (NDC) and climate projects at scale.
Africa investor (Ai), Frost & Sullivan Africa and the African Green Infrastructure Investment Bank (AfGIIB) launched The Showcasing Africa’s Investable Infrastructure Opportunities initiative – a 3 part report series, during the Africa investor (Ai) NDC Investment Summit and Awards, held in collaboration with the African Union Development Agency (AUDA), The Continental Business Network (CBN), The NDC Partnership, The International Energy Agency (IEA) and The International Chamber of Commerce (ICC).
The initiative provides insights on the current level of investment ready projects and key trends, associated with infrastructure investment, to assist both current and potential investors interested in the region, understand Africa’s bankable infrastructure pipeline.