Natural Eco Capital, AfDB Organized Africa Consultative Workshop on Green Investment Tools for SMEs

16 Jul, 2020 | | By: ecopital

Natural Eco Capital in partnership with African Development Bank (AfDB), and Fund for African Private Sector Assistance (FAPA) organized a virtual Africa Consultative Workshop on Scaling Climate Action through Technology and Innovation by SMEs for Green Investment in Africa on July 6th,2020.

The workshop objectives are; to present a draft climate screening and assessment toolkits with their guidelines to the relevant stakeholders; and validate, re-inform the tools and associated training materials with views obtained from the stakeholders to ensure more robust toolkits that meet and align the need of the SMEs in Africa, AfDB and FAPA members.

The workshop featured experts from AfDB and Natural Eco Capital among others are

Al-Hamdou Dorsouma: Manager, Climate Change and Green Growth Division – African Development Bank; Gareth Phillips: Manager, Climate and Environment Finance Division – African Development Bank; Belynda Petrie, Climate Risk Expert – Natural Eco Capital; Adeojo Jubril: Climate Finance Expert – Natural Eco Capital and Dr Eugene Itua, CEO Natural Eco Capital. The workshop was moderated by Moses Braimah, Communication Expert Natural Eco Capital.

334 participants from identified stakeholders’ groups attended the webinar. They were from Large and Small enterprises in the private sector, government agencies and research institutes. They also provided engaging feedbacks as part of the workshop outcomes.

The Climate Change and Green Growth Department (PECG) of AfDB received a grant from the Bank’s Fund for African Private Sector Assistance (FAPA) to finance the project “Private Sector Investment Initiative for Nationally Determined Contributions (NDCs) in Africa”. This project has an overall goal to “enable Africa’s private sector participation in climate-related investments that support the implementation of the Nationally Determined Contributions (NDCs) in Africa under the Paris Agreement”.

Under the grant, Natural Eco Capital was given the assignment titled, Scaling climate action through technology and innovation by SMEs, with focus on designing and developing climate change screening and assessment tools for green investments.

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