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Green energy

Your green energy project will soon be receiving a new lease on life, a reason to join other like-minded individuals for a one-day seminar on green finance happening this Wednesday.

Organised by the African Guarantee Fund (AGF) and the International Trade Centre (ITC), the Green Finance Conference is rolling down on June 21, 2017, at Nairobi’s Crowne Plaza Hotel.

“This event will provide an important platform to discuss the funding of climate change mitigation and adaptation, climate conscious investments, the risk climate change poses to a financial institution’s portfolio, and the potential for climate change regulation to spur the development of new products and services for individuals and SMEs.”

This event builds on the partnership between AGF/NDF and ITC to expand access to climate-focused finance for small and medium-sized enterprises (SMEs) in Africa. The first event was organized in Zambia in March 2017.

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Topics to be handled include: facilitating a conducive environment for the growth of Green Finance and Green Energy; the key role of Development Finance Institutions (DFIs) in promoting Green Finance and responsible iInvestment; green financing solutions, as well as challenges and opportunities in undertaking green energy projects, among others.

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About the African Guarantee Fund

Launched in 2012, the African Guarantee Fund is a pan-African non-bank financial institution owned by the African Development Bank (AfDB), the Danish International Development Agency (DANIDA) and the Spanish Agency for International Development Cooperation (AECID).

AGF’s primary mandate is to assist financial institutions in Africa to scale up their SME financing through the provision of partial loan guarantees and capacity development assistance.

In 2016, AGF launched a green guarantee facility aimed at unlocking finance for SMEs investing in low carbon, green growth and climate resilient development.

About the International Trade Centre

Established in 1964, the International Trade Centre (ITC) is the joint agency of the World Trade Organization and the United Nations enabling SMEs in developing and transition economies to become more competitive and connect to international markets for trade and investment, thus raising incomes and creating job opportunities, especially for women, young people, and poor communities.

About the Nordic Development Fund

Established by Denmark, Finland, Iceland, Norway and Sweden in 1989, NDF is a joint Nordic finance institution focusing exclusively on climate change and development in low income countries. It supports public and private sector led climate finance operations across Africa, Asia and Latin America and became an AGF shareholder in 2016 with the launch of the green guarantee facility

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