COP28 African Investment Earthshot Leaders Summit & African NDC Investment Awards

When

December 5, 2023    
2:00 pm - 5:00 pm

Bookings

Bookings closed

Where

Dubai, UAE
Presidency Space, Connect Multipurpose Room, Green Zone, Dubai, United Arab Emirates
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Hosted by COP28 Presidency, in association with The African Union Development Agency (AUDA) Continental Business Network (CBN), Africa Investor (Ai) and The Energy Nexus Network (TENN).

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CONCEPT NOTE

Green industrialization with global commercial and technology partnerships is the only way that Africa can leapfrog from a $9bn to a $7trn participation in global green value chains.

The Africa Investment Earthshot Leaders Summit brings together Heads of State, investors, corporations and philanthropies, to shape an investment Earthshot roadmap process, for the Nairobi Declaration, to mobilize private capital at scale that can be deployed at speed, and to co-create ambitious blended investments and institutional investor-public partnerships (IIPPs) that can optimally marry regional and global market demand with Africa’s industrial and just energy system transformation and growth.

The Summit will convene African and global public and private sector investment institutions and leaders, to share a new African Investment Earthshot vison and narrative for Africa’s at scale, investable contribution and benefit from its increased participation in the $10trn per annum and growing global green industrial economy, to accelerate the decarbonization of the continent and the world at industrial scale.  The Summit builds on the African Union’s 5% infrastructure investment allocation agenda, to establish African green industrial infrastructure as a globally competitive investable asset class.

Sessions will feature investment initiatives for Carbon Markets, Green Hydrogen, Critical Minerals and issues such as reducing the Cost of Capital, Green Manufacturing, Renewables investing, Sustainable Agribusiness and Healthcare investing.

The Summit will also host the 2023 African NDC Investment Awards, designed to inspire speedy implementation and greater investment and private capital mobilization ambition across all NDCs.

Summit outcomes will be taken forward by the African Union’s (AU) Continental Business Network (CBN), in consultation with the African Committee of Heads of State on Climate Change. The initiative will be advanced at the upcoming AU Heads of State Summit and build momentum throughout the COP28 Presidency, with formal progress reports being presented at COP29 and the next Africa Climate Summit.

 

PROGRAMME

14h00-14h10: Official Opening Ceremony

Leaders in the official opening ceremony will share the new Africa investment Earthshot vison and narrative, highlighting innovative at scale, investable green industrial infrastructure  strategies that will unlock Africa’s outsized contribution and benefit from its increased participation in the $10trn per annum and growing global green industrial economy.  decarbonizing the continent and the world at industrial scale.

14h10-14h15: Announcement

14h15-15h00: High-Level Nairobi Declaration Investment Earthshot Dialogue

In this session public and private sector leaders will discuss the required collective climate investment statesmanship to deliver the Nairobi Declaration’s ambitious green industrialization investment agenda, in light of the increasingly competitive investment landscape for climate capital, due to global investment Earthshots like the Inflation Reduction Act and the EU’s Net Zero Industry Act.

Leaders will share their private climate capital mobilization at scale strategies and advance an investment Earthshot roadmap process, to establish African green industrial infrastructure as a globally competitive investable asset class, to catalyze at-scale, private capital mobilization, exponential private sector project pipeline growth, the implementation of green industrial cities initiatives, and the mobilization of private capital at scale for Africa’s bankable Nationally Determined Contribution (NDC) and energy investment projects.

15h00-15h05: Announcement

15h05-15h50: Nairobi Declaration Investment Earthshot Announcements Showcase Panel

Green industrialization with global commercial and technology partnerships is the only way that Africa can leapfrog from a $9bn to a $7trn participation in global green value chains.

Leaders in this session will showcase a selection of Investment Earthshot aligned  – country, regional and African green industrial infrastructure investment initiatives and project announcements.

15h50-16h00: MoU Signing or Announcement

16h00-17h55: 2023  NDC Investment Awards Ceremony

The NDC Investment Awards, launched at COP27, reward the governments, institutions and individuals driving transactions improving the investment readiness of Africa’s NDC projects requiring $3trn of investment by 2030.

Honorary NDC Presidential Investment Statesman of the Year Awards:

  • Presidential “Green Infrastructure Investment Statesman” of the Year
  • Presidential “Just Transition Investment Statesman” of the Year
  • Presidential “Carbon Investment Initiative Statesman” of the Year
  • Presidential “Transport Investment Statesman” of the Year
  • Presidential “Water Investment Statesman” of the Year
  • Presidential “Agriculture Investment Statesman” of the Year

Private Capital Mobilization initiatives of the Year:

  • Best Investable NDC Adaption Initiative of the Year
  • Best Bankable Donor NDC Initiative of the Year
  • Best Blended Investment NDC Initiative of the Year
  • Best Financeable NDC City Initiative of the Year
  • Best GreenTech NDC Initiative of the Year
  • Best Youth NDC Investment Initiative of the Year

Best NDC Sector Initiatives of the Year:

  • Best Waste NDC Initiative of the Year
  • Best Energy NDC Initiative of the Year
  • Best Transport NDC Initiative of the Year
  • Best Urban Development NDC of the Year
  • Best Forestry NDC Initiative of the Year
  • Best Agriculture NDC Initiative of the Year
  • Best Education NDC Initiative of the Year
  • Best Health NDC Initiative of the Year
  • Best Water NDC Initiative of the Year
  • Best Tourism NDC Initiative of the Year

16h55-17h00: Closing Remarks and COP28 Presidency’s Africa Investment Earthshot Vision Statement

This session will formally close the Summit and set out next steps to the upcoming African Union Heads of State Summit and affirm the COP28 Presidency’s, commitment to advance the Africa Investment Earthshot under the COP28 Presidency and report progress at COP29 and the next Africa Climate Summit.

Bookings

Bookings are closed for this event.