The Africa Sustainable Finance Hub

Africa Green Business and Financing Initiative

Making green financing a reality for Africa's transformation

About AGBFI 

To advance the role of the private sector engagement in climate action and the growth of the green economy, the United Nations Development Programme (UNDP) Africa Sustainable Finance Hub (ASFH) is championing the Africa Green Business and Financing Initiative (AGBFI) to enable the development of green businesses and financing models and increase their contribution to the green transition in Africa. 

Priorities

Focusing on the African context, we aim to: 

Promote and enable the development of green business and financing 

Increase the role of the private sector in the green economy, climate action, and biodiversity 

Work closely with countries to develop country action plans for boosting green growth 

Milestones

Publication

AFRICA GREEN BUSINESS AND FINANCING REPORT

Africa is well positioned to be a global leader in climate action and green business. The region’s unique demographics provide a youthful and growing labour force. Its vast natural resources are critical to enabling the net zero transition globally. And the continent has huge and largely untapped renewable energy generation potential. Proper and timely exploitation of these competitive advantages should be capitalized on for Africa to become the engine that drives forward the green industrial revolution across the globe.

Go to publication

Case Studies 

The Africa Green Business and Financing Report focuses on ‘green’ sectors that UNDP believes are of the utmost strategic importance for the continent, including renewable energy, water and related infrastructure; sustainable agriculture and food production; forestry and nature-based solution; eco-tourism; and a broad sector called technology and next-generation solutions. The report also explores case studies from each of these sectors.