The Carbon Trust’s Post

We are excited to be in #NYC this week, where Invest Africa is hosting our US-Africa Investment Forum in the margins of the United Nations General Assembly. While #UNGA takes centre stage this week, it's worth noting that it's not the only significant event in town. It's also #ClimateWeekNYC, and these concurrent events are setting the stage for vital discussions – particularly in the context of Africa's journey towards a sustainable future.   Climate will be a central theme of Invest Africa Ltd’s US-Africa Investor Forum in partnership with the Milken Institute tomorrow, with a fireside chat between H.E. William Ruto, President of the Republic of Kenya and Michael Milken, Chairman of Milken Institute. Samaila Zubairu, President and CEO of the Africa Finance Corporation will provide the keynote opening address as a pivotal figure in Africa's climate advocacy. President Ruto's leadership was evident when he hosted the inaugural #AfricaClimateSummit, underscoring Kenya's growing prominence as a climate finance hub and elevating the continent's profile in global climate discussions. Mr. Zubairu and the Africa Finance Corporation continue to play a key role in shaping Africa's economic future and championing vital initiatives such as a just energy transition.   Following the keynote addresses, our panellists will engage in a dynamic conversation, moderated by Tim McDonnell of Semafor, debating innovation and emerging trends in #climatefinance across the continent. We are delighted to have senior representation from USAID, Namibian Presidency, Standard Chartered Bank, CrossBoundary, Xcalibur Multiphysics, and Eurasian Resources Group for this important discussion.   2023 has emerged as a blockbuster year for climate action in Africa and beyond, and we look forward to contributing to the discussion again this week.

🌍WWF Report - Assessing Financial Flows Within the South West Indian Ocean Blue Economy🌍 This report was commissioned by WWF. The ultimate objective of the research is to identify key areas of opportunity for WWF – in partnership with financial sector actors, governments and civil society organizations – to assess and influence financial flows to support a Sustainable Blue Economy in the SWIO region. Download the report here: https://lnkd.in/dfQ82Ts4

📢 Bigger and better! 500 cross sector organisations, including FEDARENE, call on EU leaders to recommit to the European Green Deal. Over 500 businesses and organisations call on EU leaders to confirm the Green Deal as a strategic priority in the next EU mandate, and the number keeps rising. The EU Green Deal is the foundation of a competitive, secure, modern and efficient Europe. 🤝 Together, signatories from across the economy remind EU leaders that delivering the EU Green Deal is the best strategy for securing Europe's competitiveness and prosperity, providing much-needed clarity and stability to Europe's businesses and citizens. Let’s not gamble on our future, let’s build it! 📝 Read the full joint statement here: https://buff.ly/3RLpGkH #GreenDealforEU

Insightful day of conversations at AECID, the Spanish Agency for International Development Cooperation, about the critical role of official development assistance, financial and technical cooperation and impact investing to build a more sustainable and equitable future. #internationaldevelopment #impactinvesting #socialfinance #cooperation #sustainability #developmentfinance

Happening Now: Exploring the Carbon Market status in the region at the East Africa Carbon Markets Forum. An extraordinary event shedding light on crucial environmental initiatives. Gratitude to Anete Garoza for the dedication in bringing this together. #EACMF #EastAfricaCarbonMarketForum #Carbonmarkets

What a fantastic recap of the Nairobi Climate Network's recent Carbon Summit! 👏 📽Watch the video for an in-depth wrap-up of the Summit, which convened a diverse group of stakeholders, including project developers, regulators, the private sector, and financial institutions to identify opportunities to scale and drive climate impact in Kenya's #carbonmarkets. Our very own Faith Temba, Lilian Kagume Sherah Beckley, and Chris Duck shared their insights at the event, joined by our esteemed client Jake Reynolds of Freshfields Bruckhaus Deringer who provided his valuable perspective. Learn more below: #Kenya #voluntarycarbonmarket #sustainability #climateaction

Supply Chain Challenges in the Energy Sector transition. An insightful panel discussion held today by leaders in the industry around bottlenecks and opportunities in South Australia by the Australian Institute of Energy - SA Branch, Industry Capability Network and host MinterEllison and panelists Michael Goodsite, Michael Bartsch, Alex Trento, Clay Wohling and Bettina Venner thank you for bringing this topic together. Despite the local and global issues the renewable sector faces, in supply and management capabilities whilst competing in the drive for net zero emissions. South Australia is at the global forefront of clean energy generation. In over 16 years South Australia's electricity mix has shifted to more than 70% of energy generated by wind and solar, supported by innovative battery storage technologies and gas. South Australia’s lessons can assist other jurisdictions learn how to incorporate substantial quantities of variable renewable energy (VRE) generation and distributed energy resources into the electrical grid. The experienced knowledge, technology and a national/ international exporter of clean energy are part of these great opportunities for South Australia in building a greener future. Joined by my colleagues Rachel Homer, Henry Ferris and Bridie Taglienti from Procurement, Contracts, Supply Chain, Manufacturing and Engineering #energy #renewables #partnerships #networking #recruitment

IFC is delighted to support this innovative approach to catalyzing new climate business models in emerging markets