NSE promotes green finance in West-Africa with forum

IN its bit to promote green finance in West Africa, the Nigerian Stock Exchange in collaboration with the Milken Institute and supported by the Securities and Exchange Commission (SEC), will hold a forum online on Friday.

The event will provide a platform for policy makers, government, regulators, West African financial market participants, domestic and international thought leaders on green finance, investors and other market stakeholders to share valuable experiences and best practices on green finance, and promote the development of sustainable finance market segments within securities exchanges in the region.

The forum is part of the inaugural edition of the NSE’s Webinar Series on Sustainable Capital Markets for West Africa and is themed Fundamentals of Developing Green Bond Markets.

“At the NSE, we are resolute in our commitment to promoting sustainable finance because we recognise that urgent action is required to combat climate change and its impact as enshrined in the Paris Agreement on Climate Change and Goal 13 of the Sustainable Development Goals (SDGs).

“We are committed to fostering the growth of sustainable financial products which integrate the financial risks and opportunities associated with climate change and other environmental challenges,” Mr Oscar Onyema, the CEO of the exchange said of the strategic objectives of the webinar.

He added that, “Our collaboration with the Milken Institute to host this webinar, therefore, provides us with an opportunity to further contribute to the advancement of the green finance markets, as well to highlight our leadership role in this area.

“This journey began with the launch of the first fully certified Sovereign Green Bond in Africa by NSE, in partnership with the Federal Ministry of Environment, Federal Ministry of Finance and the Debt Management Office, and has since led to various strategic partnerships and landmark listings.”

Also commenting, the Executive Director of Milken Institute, Ms Staci Warden, stated that, “We are pleased to support the Nigerian Stock Exchange in their commitment to developing green bond markets at home and in West Africa. Nigeria’s experience building its local market and its recent green bond issuance can provide valuable insights for West African countries. Building these markets takes intentional and coordinated efforts to create the regulatory environment that can attract qualified issuers and investors.”

This partnership has already yielded its first fruit with the successful cross-listing of Access Bank’s N15 billion Green Bond on the NSE and LuxSE.

 

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

Buy and read digital replicas of your TRIBUNE titles by subscribing through E-VENDING

Apple Music Appoints Florence Otedola (Aka) DJ Cuppy Its First Radio Show Host In Africa
The biggest company in the world, Apple Music, is launching its first radio show in Africa on Sunday and DJ Cuppy whose real name is Florence Ifeoluwa Otedola is its host. The streaming platform announced Thursday that “Africa Now Radio with Cuppy” will debut Sunday and will feature a mix of contemporary… Read full story

21 Years Of Civil Rule: Gains, Pains And Prospects
MOST Nigerians remain nostalgic about the epochal, extraordinary transformation that was heralded in the defunct Western Region of Nigeria in the First Republic under visionary and dynamic leadership. In just eight years of the pragmatic and purposeful leadership, imbued with vision, the region shocked the… Read full story

Economy: Many Miles Crossed, Many Miles Lie Ahead
Politics and economy are entangled. Politics determines the economic direction while the economy determines the strength of the polity. If the economy is ailing, so will be the polity and vice versa. But the interplay between politics and the economy is choreographed by politicians… Read full story

COVID-19: We’re Yet To Receive Promised Ventilators From US ― Minister
The Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, has said the Federal Government is yet to receive the promised ventilators from the United States of America (USA). The minister said this at the Presidential Task Force (PTF) on Coronavirus (COVID-19) daily news conference… Read full story

Sokoto Bandit Attacks: Buhari Orders ‘Fierce’ Military Operation
President Muhammadu Buhari has directed the military to embark of a fierce operation to dislodge bandits terrorising people in Sokoto State. While condoling with families who lost loved ones in an attack by bandits in Sabon Birni Local Government it the state, he prayed for the quick recovery of those that sustained injuries… Read full story

COVID-19: Ogun Govt Lifts Lockdown
The Ogun State Government has lifted the lockdown order pronounced on the state, since the outbreak of coronavirus pandemic to combat the spread of the disease from Monday to Friday. This was contained in the address of the State Governor, Prince Dapo Abiodun, on Thursday, while updating the efforts… Read full story

Osinbajo Heads Use Of Toilet Campaign Committee
Vice President Yemi Osinbajo on Thursday inaugurated the Steering Committee of the “Clean Nigeria: Use the Toilet Campaign,” which he leads as chairman. Tribune Online reports that the committee comes as stakeholders continue to ramp up efforts to contain the spread of the COVID-19 pandemic in the country… Read full story

Doctors Refusing To Treat Patients Of Other Ailments Over Fear Of COVID-19, Says PTF
More deaths are being recorded in patients with other ailments because medical institutions in the country are refusing to handle cases because of fear of contracting coronavirus, the Presidential Task Force (PTF) on the pandemic has observed… Read full story

Malami Explains Why Buhari Signs Executive Orders
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), on Thursday, said the Presidential Executive Orders are aimed at complementing existing legislation and ensure inter-agency coordination in the process of implementation… Read full story

You might also like
Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More