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Investors - DECEMBER 8, 2023

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African investment leaders convene to support Nairobi Declaration, mobilize private capital at COP28

by Released

With more than $100 trillion of domestic and global institutional assets represented, influential public and private sector investment leaders gathered at the COP28 Africa Investment Earthshot Leaders’ Summit in the first major international gathering of institutional investors following the Africa Climate Summit.

The aim is to shape an Africa Investment Earthshot Investment Allocation Plan for the Nairobi Declaration and to mobilize private capital at a scale that can be deployed at speed, through institutional investor–public partnerships (IIPPs) that can optimally marry African regional and global energy market demand, with Africa’s industrial and Just Energy Transformation and growth.

Hosted by the COP28 Presidency, in association with The African Union Development Agency, The AU Continental Business Network, Africa Investor Group and The Energy Nexus Network, the summit underscored that green industrialization with global commercial, technology partnerships

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