24 September 2024, NDC Awards Media
New York, Addis Ababa, Dubai, Johannesburg, Nairobi, Lagos, Washington, Brussels, Beijing – Africa Investor (Ai) Group, a leading international institutional investment group, announced today that the African Union’s climate investment leadership was recognized with two major green industrialization award wins at the prestigious Africa Investor (Ai) NDC Investment Awards. The awards were presented during the African NDC Institutional Investment Summit & Awards, held alongside the 79th UN General Assembly and New York Climate Week.
The 2024 African Green Industrialization Investment Initiative of the Year was awarded to the African Union Commission and the COP28 Presidency for their groundbreaking African Green Industrialization Initiative, launched at COP28. The award was received by H.E. Josefa Leonel Correia Sacko, Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment (ARBE) at the African Union Commission.
The 2024 Presidential Green Industrialization Investment Statesman of the Year honor was bestowed upon H.E. President William Ruto of Kenya for his tireless and impactful leadership during the Africa Climate Summit. Both awards recognize exemplary leadership in promoting and engaging the private sector to support the Nairobi Declaration – Africa’s Green Investment Deal.
These first-of-their-kind African NDC Investment Awards, sponsored by the African Green Infrastructure Investment Bank (AfGIIB), were established to recognize the achievements of governments, institutions, and Heads of State in enhancing the investment readiness of Africa’s NDC (Nationally Determined Contributions) projects, which require $3 trillion in investment by 2030.
Launched at the Commonwealth Heads of Government Meeting in Kigali in June 2022, the inaugural NDC Investment Awards were presented at COP27 in Egypt in November 2022. The 2023 NDC Investment Awards were profiled at the Africa Climate Summit in Nairobi, with shortlisted projects announced during New York Climate Week and the 78th Session of the UN General Assembly. The second edition of the awards was presented at COP28 in Dubai.
Commenting on the two award winners, Dr. Hubert Danso, Chairman of Africa Investor Group and Chair of the NDC Awards Adjudication Panel, said: “Africa Investor (Ai) is proud to leverage its global investment platform to showcase and recognize Africa’s NDCs public, private, philanthropic, and Presidential Climate Investment Champions. We congratulate H.E. Josefa Leonel Correia Sacko, the COP28 Presidency and President William Ruto for their tireless and successful green industrialization leadership and climate investment statesmanship, positioning Africa as a globally competitive and investable green technologies manufacturing hub.”
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