Anjali Sharma
GG News Bureau
UNITED NATIONS, 18th July. UN Development Programme on Wednesday launched the third edition of its Africa Investment Report Climate Opportunities at the Africa Impact Summit 2024 in Nairobi, Kenya.
The report outlined private sector opportunities with economic, social and environmental potential for sustainable development in Africa, and presents data and trends on Sustainable Development Goals investments across the continent.
Maxwell Gomera, Director of the UNDP Africa Sustainable Finance Hub said “Through the UNDP Africa Investment Insights Report, we turn Africa’s climate challenges into investment opportunities for the private sector, as per the continent’s own ambition captured in national NDCs.”
The 3rd edition of the report highlights climate-related investment opportunities using insights from 16 African SDGs Investor Maps.
UNDP Climate Promise report shows how the private sector can support African countries’ Nationally Determined Contributions under the Paris Agreement.
The report emphasized that climate action presents significant opportunities for the private sector, with over half of the identified SDGs investment opportunities in Africa contributing to climate action and NDCs.
Mr. Romera said UNDP is calling on investors to participate in “realising opportunities for positive climate action.”
Comments are closed.