The FC4S network welcomes a new member !
“Africa is responsible for only 4% of global greenhouse-gas emissions, yet 65% of the population of the continent is considered to be directly impacted by climate change.”
The international network of Financial Centres for Sustainability (FC4S), launched at the G7 and hosted by UN Environment, was proud to announce on March 14th, during the One Planet Summit in Nairobi, welcoming Nairobi as its 22nd member and the development of a dedicated FC4S regional programme for Africa.
Pierre Ducret, Co-chair, UN Environment FC4S Network and Board member Finance for Tomorrow, Paris, said: “Financial centres across Africa are on a journey in developing their own sustainable finance agendas, just as they are in Europe and Asia. There is a need for a coordinated strategic effort, as well as technical assistance, to mainstream sustainable finance as a foundational element of financial centre strategies. The value of the FC4S membership is truly key, as the FC4S platform allows for lessons from more developed centres to be transferred to those who are at an earlier growth stage. I welcome Nairobi as our latest member.”