Leveraging collaboration with financial institutions to accelerate transition to circular economies

27 February 2024. Nairobi, Kenya. The event ''Leveraging effective and inclusive collaboration with financial institutions to accelerate the transition to more circular economies'' was organized as an official side-event of the Sixth UN Environment Assembly

In line with the UNEA-6 theme, this event discussed the pivotal role of partnering with financial institutions to catalyze effective, sustainable, multilateral action on accelerating the transition to circular economies, to address the triple planetary crisis.

During this event the African Circular Economy Alliance, the Circular Economy Coalition for Latin America and the Caribbean, Circular STEP and financial institutions explored how governments can increase effectiveness and impact of their efforts towards circularity by partnering with financial institutions and unlocking private finance. Such partnerships are key in driving multilateral action towards more circular economies, as financial institutions may guide investments and financing towards technological innovations, knowledge transfer and incentivize businesses to adopt more circular practices and business models.

Extract from the agenda:  Reflections from Financial Institutions

• Ms Valerie Hickey, Global Director of Environment, Natural Resources and the Blue Economy, World Bank
• Ms Davinah Milenge, Principal Programme Coordinator, Climate Change and Green Growth Department, African Development Bank @1:00:30
  
  "How did the AFDB get involved in the African Circular Economy Alliance"
  
  
• Mr Nicola Pochettino, Director of the Environment and Natural Resources Department, European Investment Bank
• Ms Liesel Van Ast, Deputy Head, UNEP Finance Initiative

Related:

18 April 2024 at 9:00-12:00 CEST (UTC+2). Enhancing Circularity in Africa’s mining sector. ACCELERATOR SESSION Location: K1, 1 Avenue du port - 1000 Brussels, Belgium / Online

​Organisers: Ministry for Foreign Affairs of Finland and African Circular Economy Alliance

Resource: 

ACEA (2021) Five Big Bets for theCircular Economy in Africa African Circular Economy Alliance INSIGHT REPORT APRIL 2021, #46 p.