Climate Week and Private Sector Solutions Advancing the Global Development Agenda
The vibrant Autumn hues and falling leaves bring with them not just a new season, but a packed schedule of high-level meetings and events discussing global development. From the 79th UN General Assembly, Climate Week NYC, to the IMF – World Bank Group Annual Meetings, and COP29, delegates will convene to deliberate on pressing issues—and IFC Insights will shine a spotlight on the pivotal role of the private sector in driving sustainable solutions.
In New York this week, climate and sustainability are on our agenda. IFC and the UN Environment Programme unveiled a new report that presents private sector solutions for sustainably cooling the spaces we live and work in. By prioritizing passive strategies like natural ventilation, reflective materials, and tree-based shading, we can reduce reliance on energy-intensive cooling systems and mitigate further climate change. This transition creates a $600 billion business opportunity, particularly in Africa and South Asia, while consumers also stand to potentially save $5.6 trillion in electricity bills.
In this issue we also spotlight how the International Development Association Private Sector Window, The World Bank Group ’s facility for catalyzing private investment in the world’s poorest regions, is helping countries to make progress on tackling severe poverty. In Ethiopia, a poultry distributor is addressing food insecurity while empowering smallholder farmers. And in Haiti, a local bottled water manufacturer is providing safe drinking water in the face of insufficient public infrastructure.
Enjoy reading!?
The Editors
Driving private sector investment is crucial for sustainable development. Meeting this challenge and focusing on critical issues such as climate business, financial inclusion, mobilization, and equity are priorities for IFC at this year's events.?Read more?
A new report by IFC and the UN Environment Programme highlights investment opportunities of up to $600 billion in the cooling market in emerging economies. Read more??
At Climate Week NYC, held on the sidelines of UNGA, IFC’s Managing Director Makhtar Diop and UN Climate Change High-Level Champion for COP29, Nigar Arpadarai , discuss gender-inclusive climate finance. Watch the video to learn more.
This IFC flagship program is aimed at accelerating women-led climate startups and increasing their access to climate investment in emerging markets and developing economies.?Read more
With support from the IDA Private Sector Window, EthioChicken, an Addis Ababa-based poultry distributor is creating economic opportunity and an important source of nutrition in Ethiopia.?Read more?
An IFC and IDA Private Sector Window investment in a water bottling company in the country is providing a welcome source of reliability. Read more
WHAT'S ON THE HORIZON
?Attend these events:
领英推荐
Location: New York City, New York | Event Date:?September 22-29
Location: New York City, New York | Event Date:?September 23-27
Location: London, United Kingdom | Event Date:?September 30
Location: Amsterdam, Netherlands | Event Date:?October 9-10
Location: Dubai, United Arab Emirates | Event Date:?October 13-16
Location: Washington, DC | Event Date:?October 25-27?
JOB OPENINGS
To learn more about jobs at IFC, visit www.ifc.org/careers?and sign up for our “job alerts” to receive job opportunities in real time. Here are some of the openings:?
Location: Nairobi, Kenya | Deadline:?September 27
Location: Cairo, Egypt | Deadline: September 27
Location: Washington, DC | Deadline: September 30
Location: Washington, DC | Deadline: October 4
Location: Washington, DC | Deadline: October 4
Location: Bogota, Colombia | Deadline: October 7
Thank you for reading IFC Insights. Send your feedback to [email protected].
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IFC INSIGHTS EDITORIAL TEAM
Chance Barnett , Brian Beary , Lee-Roy Chetty , Moussoukoro Diop , Bukola Ogunyemi , Isabelle Poupaert , Nataliya Radchenko , Daisy Serem , Gavin Thorpe , Vinit Tyagi , and Chris Vellacott .??
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1 个月We are living in Nature. We need to adapt to Nature. Nature is our best teacher. We need to build Tao following Nature (sustainable) society. We can reach Real Zero right now. No need solar panel farm, wind farm, battery car, gasoline car, nuclear, desalination, wave energy etc. These are not clean energy technologies. We need to fucus on building sustainable community-driven solutions for future generations. We don't need innovations/wars which make human's consciousness go to heaven/hell. Clean energy production service community, circular economy, circular agriculture operation building, forest city are the foundation of sustainable community-driven solutions.? Wired internet, wired water, wired electricity, concentrated living are the key for human mental and body health.
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2 个月Biotermica Innovación presente esta semana en Climate Week, haciendo parte de la comunidad emprendedora de América con soluciones para el cambio climático: mitigación, resilienciay adpatación. Gracias a MenteX , Cámara de Comercio de Bogotá
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