Jun

8

2022

9:00—10:30 AM Eastern Time (US & Canada), 2:00pm—3:30pm British Summer Time
CGD TALKS

The Role of Private Climate Finance in Africa

FEATURING

  • Ambassador Rama Yade, Senior Director of the Africa Center, Atlantic Council
  • Jean-Paul Adam, Director of Technology, Climate Change and Natural Resource Management Division, United Nations Economic Commission for Africa
  • Rita Babihuga-Nsanze, Chief Economist, Africa Finance Corporation (AFC)
  • John Asafu-Adjaye, Senior Fellow, African Center for Economic Transformation (ACET) 
  • Daouda Sembene, Distinguished Non-Resident Fellow, Center for Global Development (CGD)

MODERATOR

  • Ian Mitchell, Co-Director of Development Cooperation in Europe and Senior Policy Fellow, Center for Global Development (CGD)

Climate change is a growing threat for Africa, and recent evidence suggests it will harm food security, growth prospects, standards of living, and more. Public and private finance are needed for adaptation and mitigation on the continent, but mobilizing finance for climate action in African countries continues to be a daunting challenge. Ahead of COP27, experts will discuss what needs to be done to attract more public and private finance for climate. The panelists will discuss the opportunities and challenges associated with mobilizing private climate finance for Africa, and will explore the potential of recent announcements like the Glasgow Alliance for Net Zero and the role of public bodies and financial institutions in enabling and mobilizing the necessary transitions.

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