Leadership Consultation – The Role on Regional Financial Institutions in Africa’s Adaptation and Resilience Finance
MUFG Office, Ropemaker Place, 25 Ropemaker St, London EC2Y 9LY
About this Event
This roundtable will facilitate a high-level, solution-oriented dialogue among key financial stakeholders to explore the role of regional financial institutions (RFIs) towards unlocking A&R financing across the Sub-Saharan Africa. The discussion will convene major regional African banks, donors, asset managers, and institutional investors to uncover further touchpoints and collaboration areas across the stakeholders on boosting the role of regional financing institutions in A&R financing; and identify additional roles that the GCA can play working together across the private sector and development finance stakeholders towards the above.
The Global Center on Adaptation; MUFG; The Green Guarantee Company
The Global Center on Adaptation (GCA) is an international organization that promotes adaptation to the impacts of climate change. It works to climate-proof development by instigating policy reforms and influencing investments made by international financial institutions (IFIs) and the private sector. The goal is to bring climate adaptation to the forefront of global efforts to address climate change and ensure that it remains prominent.
GCA’s work is guided by three core approaches. They are:
• Knowledge: GCA builds and accelerates the application of adaptation knowledge globally. GCA creates and manages knowledge, leads research to fill knowledge gaps, and drives innovation to develop specialized approaches.
• Leadership: GCA’s convening power brings together the most influential thinkers and decision-makers, while giving voice to the most vulnerable. GCA formulates policy messages to shape and move global, regional, and local adaptation agendas forward.
• Action: GCA works with governments, academia, community-based organizations, IFIs, national banks, and private financial institutions to shape and implement investments in a way that builds resilience for climate-vulnerable people and creates jobs. GCA supports access to financing from the Global Climate Fund.
For more information: https://gca.org/
The Green Guarantee Company (GGC) is the world’s first solely climate focused financial guarantor enabling developing nations to access finance from global capital markets to address climate change and help deliver six UN Sustainable Development Goals (6, 7, 9, 11, 13 and 15). Through its BBB/Stable credit rating from Fitch, GGC can leverage its capital ten times and currently has a USD 1 billion guarantee capacity.
The company can provide up to 100% cover with a maximum guarantee size of USD 50 million and a tenor of up to 20 years to guarantee hard currency projects in five sectors: energy, transport, water, buildings, and waste and pollution control. GGC provides full, partial and portfolio guarantees for projects in all developing countries except China. The company is funded by the Green Climate Fund, FCDO, through Mobilist, the Nigeria Sovereign Investment Authority and Norfund.
For more information: https://greenguarantee.co
MUFG combines its global network and financial strength with a dedication to becoming the world's most trusted financial group. We pride ourselves on exceeding client expectations and building long-term relationships.
Established but forward-thinking, MUFG EMEA has made a name for stability, growth and expertise. We are invested in the people we work with, from our clients and our colleagues to the communities we operate in. Our commitment to our purpose, vision, values and culture has been at the heart of our business for more than 360 years.
Operating in over 20 locations across EMEA, we combine local-market insight and expertise with MUFG's global capabilities to achieve optimum results for our clients. Specialists in many sectors, our team is driven by a shared commitment to our clients, their objectives and our journey to a more sustainable future.
For more information: https://www.mufgemea.com/emea/
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