Emerging markets will require a substantial amount of investment to meet their Nationally Determined Contributions as part of the Paris Agreement. The green and sustainable bond market—a key way to leverage private capital to support climate development—is underdeveloped in many emerging markets. However, more countries are developing ambitious strategies and are pioneering sustainable bond frameworks, setting the tone for a shift in the market.
IFC has partnered with Environmental Finance to understand the current status of green and sustainable bond issuances in Africa with a special focus on Egypt, Ghana, Morocco, Nigeria, South Africa within the power, transport and agribusiness sectors.
This webinar aims to present the outcome of the study and convene key stakeholders to address challenges ahead and propose solutions, including IFC's support, for real economy corporates in emerging markets in Africa to leverage green and sustainable bond issuances.