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Uganda Development Bank 's Managing Director, Ms. Patricia Ojangole emphasized the importance of climate-responsive investments in developing countries at the investor round table meeting that took place yesterday Friday, 15 November at Four Seasons Hotel, Baku between 07:00 AM - 09:00 AM (AZT) under the theme "Financing Climate Responsive Investments in Developing Countries." She highlighted that developing nations like Uganda are on the frontlines of climate change, facing severe environmental impacts with limited resources. To address this, UDB is integrating climate considerations into development finance, prioritizing environmental sustainability and building resilience. Ms. Ojangole also announced the establishment of the Climate Finance Facility, which coordinates green financing options, mobilizes funds, and increases access to green credit. She further stressed the need for partnerships to bridge the financing gap and improve Uganda's resilience and competitiveness. Thanking government, shareholders, development partners, clients, and non-state actors for their support, Ms. Ojangole reaffirmed UDB's commitment to advancing climate financing. #UDB_COP29 #ClimateFinance

Water is life and sanitation is dignity.

Speaker Announcement! We are thrilled to announce Bishop Joshua Maponga III, CEO of Farmers of Thought, as a distinguished speaker at the 2nd Annual Botswana ESG and Sustainable Finance Forum 2024! Talk Title: “Harmony in Motion: Achieving Sustainable Development through Land, Water, and Air Stewardship - The Ultimate Pathway" Join us as Bishop Maponga explores the interconnectedness of land, water, and air stewardship in achieving sustainable development, aligning with the SDG Goals. Discover strategies, innovations, and collaborative approaches for ensuring environmental sustainability and responsible resource management. Africa's sustainable finance journey faces challenges in scalability. Despite progress in green, social, and sustainable bonds issuance, obstacles like data availability, skills gap, and market fragmentation hinder sustained growth. What pathways can Africa's sustainable finance and capital markets take to address these roadblocks and raise sustainable finance at scale? This event is essential for banks, policymakers, C-level executives, institutional investors, financial institutions, and asset managers aiming to align investment solutions with sustainability, driving Africa's transition to a low-carbon, inclusive, and resilient economy. Register now to secure your spot and shape Africa's sustainable finance landscape: michael@mncapitalgroup.com #BWESG2024 #SustainableFinance #ESG #AfricaFinance #SDGs #BotswanaFinance #BishopJoshuaMaponga #Environmentally #BWESG2024 #SustainableFinance #ESG #AfricaFinance #SDGs #BotswanaFinance #BishopJoshuaMaponga #EnvironmentallySustainableDevelopment #FinanceForGood

🇰🇪 A country rich in lowland and mountain forests, grasslands, and wetlands, Kenya continues to hold a prominent position in Abatable’s VCM Investment Attractiveness Index, ranking in second place this year! 📊 Kenya’s continued positive performance – it topped our Index in 2023 – stems primarily from its engagement with Article 6 of the Paris Agreement, as well as from a favourable supply of in-demand carbon credits. The country issued approximately 20% of Africa’s total carbon credits from 2016 to 2021. Kenya stands out as one of the few African countries – alongside Rwanda, Ghana, Tanzania, and Zambia – to have established an Article 6 regulatory framework, positioning it at the forefront of international Article 6 engagement. This development, paired with strong governmental support, including Kenya’s President actively promoting carbon credits as a significant export, further enhances Kenya’s attractiveness in the sector. Read more about Kenya’s VCM Investment Attractiveness performance here: https://lnkd.in/eeMK7Vfh Explore the full Index here: https://lnkd.in/eNUjSsMw BURN SunCulture KOKO Manufacturing Octavia Carbon Africa Carbon Markets Initiative (ACMI) Native, a Public Benefit Corporation Conservation International DGB Group Clean Air Action Corporation Ecosafi, the Better Cooking Company #VoluntaryCarbonMarket #Investment #Finance #ClimateChange #Sustainability #ImpactInvesting #Risk #ParisAgreement #Article6 #CarbonCredits #CarbonMarkets #VCM #VoluntaryCarbonMarket #Colombia #VCMInvestmentAttractivenessIndex #Kenya

My country Seychelles is not included in the country ranking and scoring of the new Sustainable Development Report (SDR) 2024 which reviews progress made each year on the Sustainable Development Goals #sdgs. ● The last voluntary national review (VNR) was submitted by the government in 2020. ● The report says there is no Designated Lead unit for the coordination and implementation of the SDGs across ministries. ● In terms of national SDG monitoring no national indicators have been identified to monitor the implementation of the SDGs. ●The Report also says that the SDGs are not mentioned in the national budget. Mauritius leads Africa in 73rd place globally. https://lnkd.in/difdTHHg #globalgoals UNDP United Nations

Bridging the Capacity Gap in Climate Finance: A Key to Africa’s Resilience Working with the Africa Rural Climate Adaptation Financing Mechanism (ARCAFIM), in partnership with the Frankfurt School of Finance & Management, Makerere University Business School, and supported by the Danish government, a key issue continually stands out: the capacity gap in climate finance across Africa. While international investment in climate adaptation grows, many institutions and local actors still lack the necessary expertise to effectively channel these resources into sustainable development projects. For example, through our capacity-building initiative in Uganda, we’re equipping key personnel with skills to enable their financial institutions integrate climate resilience into their offerings. However, it’s clear that there is need for more strategic partnerships between global development organizations and local experts to bridge this gap. To scale climate finance and drive sustainable development across Africa, it’s essential we collaborate, empower local stakeholders, and build stronger frameworks for success. If you’re passionate about climate resilience and empowering local institutions to tackle climate change, I’d be happy to explore how we can work together on impactful initiatives. #ClimateFinance #RuralDevelopment #CapacityBuilding #Sustainability #ClimateResilience #FinancialInclusion #PublicPrivatePartnerships #AfricaDevelopment #ClimateAction #ImpactInvesting #ARCAFIM #Uganda #ClimateAdaptation #ClimateChangeMitigation #PartnershipsForDevelopment #SustainableDevelopment #IFAD #DanishSupport

🌍 Redefining Investment Policies for a Sustainable Future 🌱 From 26–29 November 2024, the Civil Society Forum on “Aligning Investment Policy Frameworks to Climate and Sustainable Development Goals” will convene in Entebbe, Uganda. 🇺🇬 Organized by SEATINI UGANDA Both ENDS SOMO Transnational Institute, this forum will gather over 50 participants from 20 countries, primarily across Africa, to envision investment policy frameworks that champion #ClimateAction, #SocialJustice, and #SustainableDevelopment. 💡 Why This Matters: Many investment policy frameworks exacerbate global inequalities, perpetuate extractivist practices, and obstruct efforts to meet the Sustainable Development Goals and the Paris Agreement targets. This forum will critically examine these frameworks and explore concrete alternatives that break away from the unsustainable growth-at-all-cost logic, centering instead on sustainability, equity, and the well-being of communities. 🤝 Our Shared Goal: Together, we aim to reimagine investment policies to ensure they protect people, the planet, and our collective future. #CSOInvestmentForumUganda #Investment #IIAs #BITs #ISDS #Trade #SDGs #Climate #JustTransition #Energy #Agroecology #HumanRights #Environment #Development #Africa

"We must recognize that many developing economies cannot achieve a sustainable development transformation without a much larger and more responsive multilateral financial system as outlined in the United Nations Secretary-General’s SDG Stimulus Plan. To reach the scale of finance needed, more official sector funding must also be accompanied by new and better approaches to leveraging private sector finance for development." Important statement from UNDP Administrator Achim Steiner in this year's 2024 Financing for Sustainable Development Report released by the United Nations. Mr. Steiner is also a member of the International High-Level Panel on Water Investments for Africa which has repeated called for increased investment in water and sanitation in Africa. The #water and #sanitation sector has one of the largest investment gaps as seen in the graph below. In #Africa, at least $30 billion additional finance needs to be mobilised annually by 2030 to meet #sdg6 target on water and sanitation. Currently, only US$10-US$19 billion is invested each year. Private business and finance is an important driver of sustainable growth and development. Innovative ways to leverage funding must be applied. The full 2024 Financing for Sustainable Development Report is here: https://lnkd.in/dPwWJ92S Alex Simalabwi Harsen Nyambe AUDA NEPAD African Ministers' Council on Water (AMCOW) African Union Commission Global Water Partnership Southern Africa Global Water Partnership

Africa is advancing the third phase of the Comprehensive African Agricultural Development Programme (CAADP3), a transformative framework designed to shape the continent’s agrifood systems over the coming decade. Building on past iterations, CAADP3 aims to boost agricultural productivity, promote multi-sectoral collaboration, and address persistent issues of food insecurity and malnutrition. With a strong focus on regional collaboration and sustainable growth, CAADP3 represents Africa’s commitment to self-sufficiency, climate resilience, and sustainable economic development.   To deliver on this ambition, there is an urgent need to mobilise domestic resources, grant funding and innovative finance to scale up policies and programs. However, fiscal space to implement CAADP3 is challenging with many countries in Africa facing unsustainable debt levels. The climate crisis further fuels risk.  Given this backdrop, how can Africa mobilise the resources necessary to implement the post-Malabo agenda? What are its financing options? What are the reforms needed at the global, regional and national levels? How should we be thinking about the cost of implementing CAADP3 and what is the cost of action for the continent and beyond?   Join Oxfam South Africa's Executive Director, Lebogang Ramafoko, as she tackles these questions at the third high-level webinar of the series #RoadToKampalaby Zero Hunger Coalition, the Africa Food Systems Parliamentary Network, Oxfam in Africa Shamba Centre for Food & Climate,  @SDG2AdvocacyHub and The Consortium of African Youth in Agriculture and Climate Change (CAYACC).   🗓️ 4 December online⏰ 3 pm SAST / 2 pm CET / 4 pm EAT / 8 am EST   Register here: https://lnkd.in/d5p2VscR #caadp #FoodSystemTransformation #Financing #COP29

Glad to be part of the process in the realisation and endorsement of the $34.65 Million Climate Investment Funds proposal by the African Development Bank Group ,IFC - International Finance Corporation and the The World Bank . This is timely investment in our quest to enhance the resilience of our economy at large and effects thereof which cascades all the way to the livelihoods of our people especially in rural areas.Climate change pauses existential threats affecting food security and devasting livelihoods.The call to action in promotng sustainable livelihoods and co-existence with our enviroment in a mutual manner cannot be greater if we are to deal effectively with induced eventualities. We have seen how nature is visciously pushing back at us becuase of our actions, inactions and pursuit for greater profitability.The # is Climate smart , emission reduction & decarbonisation.