Africa transition finance roundtable
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Sponsored Content

Africa transition finance roundtable

Sponsored by

Untitled design (17).png
CIB VRT Vid Pic.jpg

The importance, opportunities and challenges of mainstreaming transition finance across the continent

While the concept of transition finance is gaining global momentum, its practical implementation is complex and challenging, and especially in developing economies.

Indeed, in many countries across Africa, the mainstreaming of transition finance - which bridges the gap between traditional and sustainable financing as businesses transition to net zero carbon emissions - is proving challenging for a number of reasons, not least a lack of harmonised definitions, regulatory and investment frameworks.

These elements are fundamental to the growth and development of transition finance, enabling banks, investors and policymakers from Cairo to Cape Town to step-up their support of companies, especially in hard to abate sectors, to adjust and decarbonise.

Challenges in the transition are inevitable. But the pursuit of net zero also presents opportunities to financial instituions and companies.

To discuss both the opportunities and challenges, Euromoney and Egypt's Commercial International Bank (CIB) convened a virtual roundtable of subject matter experts from leading public and private sector institutions:

  • Dr Dalia Abdel Kader, Chief Sustainability Officer, CIB

  • Sonja Gibbs, Managing Director and Head of Sustainable Finance, Institute of International Finance

  • Dr Mahmoud Mohieldin, UN High-Level Climate Champion for COP27 and UN Special Envoy on Financing the 2030 Agenda for Sustainable Development

  • Dr Hoda Sabry, Adviser to Egypt's Ministry of Environment and Ministry of Investment

  • Eric Usher, United Nations Environment Programme's (UNEP) Finance Initiative

Gift this article