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Accelerating climate-positive growth and sustainable development

Date: Wednesday, 6 Dec 2023 10:00 – 11:30

FSD Africa and Systemiq’s Blended Finance Taskforce are pleased to invite you to this event to discuss the consultation version of an action agenda for mobilising domestic capital for climate-positive growth in emerging markets and developing economies.

  • In total, investments of $5.4 trillion each year are needed to meet the Sustainable Development Goals in emerging markets & developing economies excluding China (EMDEs) by 2030. The lion’s share of that is needed for climate action (around $2.4 trillion per year by 2030).
  • The current financing gap is about $3 trillion annually. About 2/3 of this needs to come from domestic resources, both public and private. Private domestic capital could and should play a crucial role in this, because of increasingly attractive green investment opportunities and limits to fiscal space to expand public investment. Moreover, bigger and deeper financial markets can support long-lasting economic growth and a more stable investment environment.
  • Country-specific actions will be needed to grow and deepen financial markets and mobilise capital for climate-positive growth. This event will bring together pre-eminent experts and practitioners from EMDEs, investors, global and regional MDBs/ DFIs, and de-risking facilities, to test the hypothesis for an initial set of actions to deepen and mobilise private domestic markets and to kick off a conversation regarding implementation of this action agenda going forward

Register here>>