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AADFI-ADFIAP Joint International CEO Forum aims to shape a climate-smart future

Abuja, Nigeria – November 8, 2023 — The highly-anticipated AADFI-ADFIAP Joint International CEO Forum served as a platform for gathering influential leaders from the world of development financing. The event, scheduled from November 8 to 10, 2023, took place at the prestigious Transcorp Hilton Hotel in Abuja, Nigeria.

The central theme of the Forum, “DFIs’ Strategic Role Towards a Climate-Smart Future,” emphasized the critical role that Development Finance Institutions (DFIs) played in addressing global challenges such as climate change and sustainability. This pivotal discussion shaped the future of development financing by examining innovative solutions, strategies, and collaborative efforts to create a climate-resilient world.

The event featured a distinguished lineup of speakers and thought leaders who shared their expertise and insights on a variety of critical topics, all intending to advance the dialogue on sustainable development and climate-resilient financing.

Session 1: Financing for Climate-Smart Projects

The first session focused on “Financing for Climate-Smart Projects,” with discussions centered on innovative financing models such as blended finance approaches and green bonds. Capacity development for project developers and effective risk management strategies were also high on the agenda.

Session 2: Technical Assistance and Capacity Building

The second session focused on “Technical Assistance and Capacity Building,” in which attendees looked into ways to improve technical skills, strengthen institutional capacity, foster knowledge sharing, and improve access to finance for sustainable development projects.

Session 3: Collaboration and Partnerships

The third session emphasized the importance of collaboration and partnerships in achieving climate-conscious goals. Participants talked about different partnership models, such as public-private partnerships, multi-stakeholder collaborations, and South-South cooperation. The session also addressed the critical need for climate data collaboration and information sharing.

Session 4: Monitoring and Reporting

The fourth session focused on “Monitoring and Reporting,” with a focus on the creation of key performance indicators (KPIs), tools, and methodologies for effective monitoring, as well as challenges and opportunities in this critical area. Climate risk assessments were also integrated into project monitoring strategies.

Special Interest Session: CEO Panel – Repositioning DFIs for Relevance

The CEO Panel discussion, which brought together industry leaders and discussed the strategic repositioning of Development Finance Institutions (DFIs) for greater relevance, was a highlight of the event. The panelists emphasized the significance of effective governance, internal processes, risk management, credit delivery, capitalization, and resource accessibility in achieving the SDGs and the Climate Agenda.

The AADFI-ADFIAP Joint International CEO Forum served as a critical platform for discussions and action plans aimed at shaping the future of climate-smart development financing. This event took a significant step toward creating a more sustainable, resilient, and eco-conscious world by bringing together influential voices of DFIs in Asia and African regions.

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