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Access Bank Champions Accelerated Action For Africa’s Sustainable Future

Olushola Bello by Olushola Bello
1 year ago
in Business
Access Bank
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Access Bank Plc, has emphasised the urgency for Africa to leverage cutting-edge technology and sustainable finance to accelerate the transition to clean energy.

The Bank reinforced its leadership in sustainable finance and climate action as the Gold Sponsor of the Nigeria Climate Change Forum (NCCF) held in Abuja, which brought together Africa’s most influential policymakers, global investors, and sustainability pioneers to drive urgent action towards a net-zero future for the continent.

Access Bank continues to lead the charge in financing Africa’s low-carbon transition through groundbreaking initiatives: Africa’s first corporate certified green bond; securing climate finance; driving renewable energy investments; and leading the decarbonisation movement.

Speaking at the event, executive director of Risk Management at Access Bank, Dr. Gregory Jobome highlighted Africa’s heightened vulnerability to climate change, particularly in scenarios where global temperatures exceed 1.5°C.

He called for urgent, transformative action to mitigate risks and ensure climate resilience.

Recognising the critical role of innovation in sustainability, he stated that Access Bank is driving transformative financial and technological solutions to enhance Africa’s climate resilience.

“Through strategic collaborations with governments, international financiers, and industry innovators via the Sustainable Finance Accelerator Program, the Bank is mobilising large-scale investments to drive Africa’s green transition.

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“Africa is experiencing a wave of innovation and technological advancement, much of it in collaboration with global partners. However, we are still at an early stage. To create meaningful opportunities for the continent’s rapidly growing youth population, who are eager to engage in the green economy, we must scale up efforts. Financial institutions have a pivotal role to play in this transformation,” said Jobome.

Also, the Minister of Women Affairs, Hajia Imaan Sulaiman-Ibrahim, underscored the crucial role of women in driving Africa’s net-zero agenda. She noted that women are disproportionately affected by climate change and called for increased public-private partnerships to empower women in climate action.

The NCCF served as a crucial platform for key stakeholders to engage in insightful discussions and shape actionable strategies for Africa’s sustainable future. Access Bank remains committed to driving impactful, long-term solutions that will ensure a resilient and thriving continent for generations to come.

As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations.

 

 

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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