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In light of the growing food and energy demands in Africa, the private sector is rallying to participate in the green growth agenda and align with Nationally Determined Contributions (NDCs), targeting a low carbon transition. Various studies estimate the implementation of NDCs and UN Sustainable Development Goals (SDGs) will require trillions of dollars by 2030, and many of these projections confirm the private sector will cover a significant portion of this climate investment. The post Covid-19 recovery is still underway, with impacts from the pandemic still being faced by the financial sector and economy at large. In this context, climate-smart investments bring both opportunities and challenges for job creation, inclusion, improving livelihoods, and economic growth. There are multiple climate finance funds and a growing set of climate finance instruments, but the major challenge for the African private sector continues to be access to affordable capital.
This panel, organised by BANK OF AFRICA, highlighted the priority pathways and business models in support of NDCs in Africa, from the perspective of various stakeholders in the private sector. The event aimed to generate a solution-oriented discussion around the gaps and opportunities of sustainable finance in the African context. BANK OF AFRICA Group, a pan-African universal banking group, has established itself as a regional sustainable finance pioneer over the past 15 years, developing various blended finance offers for energy efficiency, water, and waste management in partnership with DFIs, as well as a Green Bond and a Socially Responsible Fund (SRI). BANK OF AFRICA is piloting the Positive Impact Finance initiative methodology heralded by UNEP FI and is a member of the Coordination Group of the Climate Action in Financial Institutions initiative. BANK OF AFRICA’s continuous ambition is to offer innovative financing solutions to challenges faced by the private sector in Africa, especially SMEs, including climate and gender finance.
People experiencing mental health and addictions challenges will soon have better access to the services they need, thanks to a new vision for care outlined in A Pathway to Hope: A roadmap for making mental health and addictions care better for people in British Columbia.
Learn more: news.gov.bc.ca/releases/2019PREM0078-001333
Over the years, the cows on this pasture have worn pathways...how like us they are...keeping to the path lest we fall down !
An early morning walk on Christmas morning. This is an old pathway leading from the river to the canal.
Community leaders, who have shaped their careers through perseverance, vision and discipline, shared their journey to inspire the younger generation to become leaders in their own right, during Pathways to Leadership Thursday, Feb. 11.
James Matheos, a Turkish immigrant, bought a confectionary business from Peter Mirras and opened Matheos Ice Cream on property at the corner of Amity and Union in the early 1900s. His brother Chris arrived in Spencerport in 1917 and joined the family business, which became so successful that, in 1926, the two brothers tore down the existing building and built a new candy store and soda fountain, with manufacturing capabilities in the rear. This building is currently occupied by Splatters Pottery Studio. The enterprise was so successful that the brothers formed a corporation in 1932 and purchased additional property to expand their production capabilities. “Matheos Velvet Ice Cream” was known throughout western New York, as was their trademark “OO-La-Las,” chocolate covered ice cream bars on sticks. There was a time when every town had an old-fashioned ice cream parlor with curvy metal chairs grouped around glass-topped tables, and more private booths where young men took their young ladies to share a soda. Ceiling fans turned lazily above sparkling glass cases filled with mouthwatering candies and confections. Opposite the candy cases was the soda fountain with pyramids of shiny silver cups stacked on its marble top, with row upon row of crystal clear glass dishes and bottles of syrups in countless flavors lining the wall behind, all attended by a member of the Matheos family dressed in a fancy striped shirt and pristine white apron. The candy cases and glassware are gone now, but many sweet memories remain.
On Halloween we took a trip to Sleepy Hollow and toured Philipsburg Manor. There were costumed folks who gave tours through the buildings. There is a working farm and gristmill. Great way to spend an October 31st!