Ines Rocha’s Post

"Nature-Based Infrastructure is a really worthwhile investment. The NBI Global Resource Centre is working to communicate this to investors." Alec Crawford on a very thought-provoking panel today in the Finance for Biodiversity Pavilion on NbS investment, highlighting the work of the Nature-Based Infrastructure Global Resource Centre and the #SUNCASA project at the International Institute for Sustainable Development. Great contributions from panelists at the Blue Action Fund, World Resources Institute, Coalition of Finance Ministers for Climate Action, and organizers WWF Africa Adaptation Hub. Thanks the pavilions hosts Finance for Biodiversity Foundation, United Nations Environment Programme Finance Initiative (UNEP FI) and UNDP. #NbS #GreenFinance #AdaptationFinance #NatureFinance #Biodiversity

EU Commits $7.92 Billion to Support Egypt's Green Economy. Egypt's Minister of Environment, Yasmine Fouad, met with the European Union delegation and representatives from European firms to discuss ways to promote the green economy. The European delegation pledged €7.4bn (about $7.9 billion) to support Egypt's green economy policy development. Minister Fouad highlighted Egypt's innovative strategies for achieving environmental and economic objectives, including an integrated management model for natural reserves and a framework for reducing pollution and managing natural resources sustainably. Egypt is partnering with the European Bank for Reconstruction and Development (EBRD) and the French Development Agency to create a nature fund in collaboration with a national bank. Minister Fouad hopes to designate the Red Sea coral reef ecosystem as a protected area, which recent studies have identified as one of the last regions on Earth resilient to climate change impacts. #GreenEconomy #SustainableDevelopment #EnvironmentalConservation #PrivateSectorEngagement #NaturalResourceManagement

🌱 #Senegal is eager to transform its economy towards greater #sustainability, focusing on green growth and renewable energy initiatives. This commitment underscores the nation's dedication to a resilient and environmentally friendly future, as outlined by the green transition plan. 💼 For this purpose, Climate & Company successfully concluded a series of four workshops in Senegal focusing on the classification of economic activities as #sustainable, known as #taxonomy development. These workshops were attended by key stakeholders from government agencies and private sector representatives and were supported via Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German International Cooperation Agency. 💡 The series aimed to provide participants with the #knowledge and tools necessary to classify economic activities in a way that aligns with global sustainability #standards. This initiative is part of Climate & Company's broader mission to promote sustainable economic practices and support countries in their efforts to meet international environmental goals, and providing best practices for implementation. 🌍 Climate & Company remains committed to supporting sustainable #development initiatives across the globe and looks forward to continuing its partnership with stakeholders in Senegal. In the photo: Yaya BARRY from the Senegalese Ministry of Environment and Ecologic Transition, Yaëlle Graefe, from GIZ Senegal, Laïty René Pierre NDIAYE from the Senegalese Ministry of Finance, and Oliver Herrmann from Climate & Company.

The Development Guarantee Group’s (DGG) Chief Executive Officer, Lasitha Perera, will be participating in a panel on Harnessing the Power of Ocean-Climate Finance for Sustainable and Equitable Development as organised by USAID during COP29 Azerbaijan on Ocean Day (21st November) where he will be speaking about the establishment of Nautilus, the Blue Guarantee Company, through partnerships with the Ocean Risk and Resilience Action Alliance (ORRAA), USAID and UK Department for Environment, Food and Rural Affairs.   #SDG14 (Life below water) is among the least funded of the United Nations Sustainable Development Goals. The amount of climate finance received for the ocean is less than 1 percent of the total with the annual funding gap for ocean conservation estimated at USD 150 billion.   Nautilus is being set up to de-risk and mobilise regenerative and sustainable blue economy sector investments through the provision of guarantees. For more information, please contact https://lnkd.in/e3Fb-RZD   #climatefinance #climateaction

The Ministry of Green Economy and Environment - Zambia and the Swedish Energy Agency signed a Memorandum of Understanding (MOU)as a first step towards a potential bilateral agreement on #climatechange cooperation under Article 6 of the #ParisAgreement. The MOU signing is a result of efforts by the Supporting Preparedness for Article 6 Cooperation (SPAR6C) Program, led by the Global Green Growth Institute (GGGI) with GFA Consulting Group GmbH Consulting and UNEP Copenhagen Climate Centre as delivery partners in Zambia. #SPAR6C aims to catalyze investment in greenhouse emissions reductions by supporting its partners to enable transactions of Internationally Transferred Mitigation Outcomes (ITMOs) as allowed under Article 6 of the Paris Agreement. Over the past two years, Zambia has released its carbon market policy framework and is in the process of developing several mitigation activities with the support of SPAR6C. Details about this partnership: https://lnkd.in/daEdkpz2 #GreenGrowth #GGGI #Africa #ClimateAction Dr. Malle Fofana Angela Nantulya-Heinonen

🌍 The crucial role of climate finance in driving positive change is not just a vision, but an actionable reality that demands our unwavering commitment. Mobilising funds for climate-resilient initiatives drives inclusive growth, preserves natural resources, and fortifies the continent's path to prosperity. With our partners, Sanlam Investments is committed to shaping a thriving, sustainable Africa. Together, we envision a brighter, greener future for all. – With Africa's Green Economy Summit #AGES24 https://bit.ly/3wh97W1

#Africa is uniquely positioned to lead high-impact carbon projects, offering significant socio-economic, biodiversity, and environmental benefits. Yet, Africa's share of the Voluntary Carbon Market (VCM) remains just 13%, with only 36% of credits from African projects retired between 2013 and 2023. This gap reveals untapped potential and underscores the need for increased support and visibility. Promoting African projects for their exceptional climate and socio-economic contributions can boost their market share and attract greater buyer interest. Additionally, compliance with market transactions promises a new revenue stream, enhancing the scale and value of these critical projects. Learn more about how we can collectively pave the way for a more just and sustainable future here: https://lnkd.in/dJJCkpE6 Reshma Shah, Juliet Munro, Nzomo Mbithuka. CDFP,MBA,PhD-Ongoing., Keshinee Shah, Ash Berman, Caroline Kimani, Clinton Shamakamba, Climate Action Platform for Africa (CAP-A) #MakingFinanceWork #CarbonMarkets #SustainableDevelopment

The German Agency for International Cooperation (GIZ) will invest €3 mln to help Uzbekistan’s private sector transition to a green economy. Representatives from the ministry and GIZ Project Director Starrost Ilka signed the funding agreement during the UN Climate Conference in Baku. This funding will drive improvements in the environmental sustainability of Uzbekistan’s industrial sector and introduce green economy practices within private enterprises. The project offers consultations on green industrialisation and greenhouse gas emissions certification. GIZ Uzbekistan will also assist Uzbekistan in adapting to international cross-border carbon regulations. Under a previous agreement, “Supporting Private Sector Development and Economic Policy Advice in Uzbekistan,” signed in December 2023, GIZ allocated €9 mln to the country. https://lnkd.in/dCREypce #Green #Economy #GIZ #Uzbekistan #Energy

Pacsal Wambua emphasizes that the #RoadToACSAtONE must involve the collection of data to ensure accountability. By systematically gathering and analyzing data, we can evaluate the outcomes and impact of the Nairobi Declaration, ensuring that commitments made are translated into tangible results. Join us from the 3rd to the 6th of December for our next four thematic online convenings as we continue building on the momentum from ACS 2023! Each day, we’ll focus on a critical theme for sustainable progress: 1. Dec 3rd, 2024: Natural Capital and Asset Utilization 2. Dec 4th, 2024: Energy Transitions 3. Dec 5th, 2024: Green Transition and Industrialization 4. Dec 6th,2024: Capital and Finance for Low Carbon Development Join us as we reflect on our progress, share wins and challenges, and chart the path forward post-ACS 2023. Now is our chance to shape impactful climate action together for Kenya and Africa at large! REGISTER HERE TO RECEIVE YOUR ZOOM WEBINAR INVITE: https://bit.ly/acsatonetc Sellah Bogonko, HSC Bilha Ndirangu anne kamonjo Africa Climate Summit GIZ Kenya KEPSA KENYA AGRA VSO ActionAid CARE International UK Christian Aid Elgon Kenya Ltd Pan African Climate Justice Alliance Kenya Platform For Climate Governance- KPCG UN Environment Programme UNESCO International Labour Organization TVET - Technical and Vocational Education and Training Africa Youth for Sustainable Energy and Mobility

The presentation made on the 1st National Blue Economy Conference on June 2022 at JNICC-Dar es Salaam.Theme:Uncovering Maritime opportunities in Tanzania for sustainable economic development.#DaresSalaamMaritimeInstitue Natural gas discovered in offshore Tanzania was pointed out as an important maritime resources that can contribute to energy mix. Thus, the public awareness on the use is crucial to meet the #expectationofourpeople #SustainabledevelopmentGoal7 and #TanzaniaCleanCookingEnergyRoadMap.