Ai MDB Reform Private Capital Mobilization Initiatives

Ai, through the Ai Academy, helps policy makers and investment and business leaders to understand the evolution of climate investing in Africa, enhancing their performance and competitiveness, and providing a fact base for decision-making at the continental level.

Ai’s MDB Reform Private Capital Mobilization initiatives and interventions seek to:

-Update MDBs’ purpose and governing charter documents via a special resolution to recognize the ongoing climate emergency and the crucial role that MDBs play in taking action to help mitigate it and adapt to it.

-Set NDC-linked targets for Climate Finance Mobilization, and track their progress through a concrete mechanism.

-Increase risk-related data transparency (especially via GEMs) to support risk sharing with private finance, aiming to minimize the cost of capital for African nations in NDC projects.

-Drastically scale private finance and investment mobilization through increased risk sharing with private finance for African NDC projects.

-Scale up and speed up project development support and bankable project pipelines.

-Champion institutional investor-public partnerships (IIPPs), to deploy private capital at speed for African NDC projects.

-Deepen and green secondary, insurance and capital markets.

-Mobilize private capital at scale for Africa’s Just Energy Industrial Transition.

Ai’s MDB Reform Private Capital Mobilization Initiatives:

NZAOA Scaling Blended Finance Roadmap Report report launch

Africa investor (Ai) endorsed and Chaired the NetZero Asset Owners Alliance’s (NZAOA) Scaling Blended Finance Roadmap Report and launch at its World Bank Dialogue on Blended Finance (respectively).

Africa investor (Ai) is a strategic supporter of the UN-convened Net-Zero Asset Owner Alliance (NZAOA), a global consortium of 70 asset owners with a combined US$10.4 trillion of AUM committed to investing in the delivery of NetZero.

Read more: https://www.africainvestor.com/africa-investor-at-netzero-asset-owners-alliance-world-bank-dialogue-on-blended-finance/

Read Scaling Blended Finance Roadmap Report: https://www.unepfi.org/industries/net-zero-asset-owner-alliance-call-on-policymakers-to-support-scaling-blended-finance/

Ai’s Global Emerging Markets (GEMs) Risk Database Democratization ‘Call to Action’ initiatives

At COP28 in Dubai, Ai launched its GEMs3.0 Memo, which followed the launch earlier in the year at the New Financial Pact Summit in Paris, of Ai’s seminal report on the Costs to Developing Countries of MDBs not democratising investor access to GEMs risk database:

About GEMs 3.0: https://www.africainvestor.com/africa-investor-announces-gems3-0-at-cop28-finance-day-in-dubai/

GEMs3.0 Memo: https://www.africainvestor.com/wp-content/uploads/2023/12/GEMs3.0.pdf

Read more: https://www.africainvestor.com/unlock-our-hidden-gems-costs-to-developing-countries-on-mdbs-not-democratising-investor-access-to-gems-risk-database/

Report: https://www.africainvestor.com/wp-content/uploads/2023/06/Ai_GEMs-Database-Democratization-Memo-F3.pdf

Ai’s Multilateral Development Bank (MDB) shareholder-instigated, climate finance mobilization reform Roadmap Report

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, intended to further catalyze private capital towards the achievement of African Nationally Determined Contributions (NDCs), was shared.

The Roadmap Report’s recommendations were echoed at COP27 and at the New Financial Pact Summit in Paris.

Read more: See full report launched at COP27.

Ai supports 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 was 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/

https://www.africainvestor.com/africa-investor-ai-launches-climate-investment-law-for-african-ndc-projects-at-cop27-2/

Ai on the New Financial Pact (NFP) Private Sector and Finance Task Force

Africa investor (Ai) sits on President Macron’s New Financial Pact (NFP) Summit’s High-Level Task Force on Private Sector and Finance.

The objective of this Task Force’s mandate was to provide concrete recommendations on how to foster the development of a vibrant private sector in LMICs and LICs, with specific emphasis on:

1) leveraging the action of the public sector, particularly MDBs, DFIs and ECAs to better finance the private sector;

2) providing an enabling environment to crowd-in private funding; and

3) encouraging North-South and South-South private capital mobilization partnerships.

About the NFP Summit: https://nouveaupactefinancier.org/en.php

Ai and The Net Zero Asset Owners Alliance (NZAOA) at the New Financial Pact Summit

Africa investor (Ai) is a strategic supporter of the UN-convened Net-Zero Asset Owner Alliance (NZAOA), a global consortium of 70 asset owners with a combined US$10.4 trillion of AUM committed to investing in the delivery of NetZero.

Listen to Ai’s wide-ranging interview from the side lines of the Summit for a New Global Financing Pact, where Dr Hubert Danso, Chair of Africa Investor, calls for multilateral development bank (MDB) reform to mobilise private capital at scale in emerging markets and developing economies.

Watch here: https://www.africainvestor.com/dr-hubert-danso-speaks-to-the-net-zero-asset-owner-alliance-at-the-summit-for-a-new-global-financing-pact/

Ai and the Institutional Investor-Public Partnerships (IIPPs) Hub

Africa investor (Ai), The African Unions’ Continental Business Network (CBN), the CFA New York’s Global Asset Owners Council and The African Green Infrastructure Investment Bank, working in partnership with industry partners, launched the Institutional Investor-Public Partnerships (IIPPs) Hub.

The IIPP hub is an online portal on IIPPs, which will allow governments, investors and stakeholders to assist in building viable IIPPs and in making global infrastructure investment allocations at scale, particularly for green infrastructure projects across Africa, emerging markets and developing countries.

Visit: www.iipphub.com

Read IIPPHub launch release: https://www.africainvestor.com/african-groups-launch-institutional-investor-public-partnerships-hub-to-mobilize-trillions-for-green-infrastructure/

 


 

For more information contact: Wendy Edwards: wedwards@africainvestor.com

About Africa investor (Ai)

Africa investor (Ai) is an investment holding platform that aligns its client base of sovereign wealth funds, pension funds, family offices, and long-term investors with vetted infrastructure, private equity, and technology investment opportunities in Africa.

www.africainvestor.com