|2nd African Bankers' Carbon Finance and Investment Forum
Johannesburg, 4-5 November 2010
The United Nations Environment Programme (UNEP), through its Division of Technology, Industry and Economics, Risoe Center on Energy, Climate and Sustainable Development, and its Finance Initiative (UNEP FI), in cooperation with the Africa Carbon Asset Development Facility (ACAD), Standard Bank, and the Development Bank of Southern Africa (DBSA), are organizing for the second time a major investment mobilization forum for the Africa region on carbon finance and trading.
The 2nd African Bankers' Carbon Finance and Investment Forum will take place on 4-5 November in Johannesburg, South Africa. The event targets the banking and finance community and will seek to deepen the level of engagement of local banks and financial institutions in the African carbon market, to enhance local capacities for appraising and financing development projects with a carbon revenue stream, and to facilitate the financing of previously identified GHG emission reduction activities in Africa.
To be convened in the run-up to the COP-16 in Cancun, the event will provide an opportunity to advance the dialogue and input of the African banking sector on a regional agenda for tackling climate change and promoting low-carbon economic growth. Contributing funding support from the MEA ACP program will allow African project developers seeking finance for the CDM investment activities to participate and pitch their projects to interested financiers.