Finance

Ivorian Green Cluster of SMEs names African Development Bank a 2020 Green Champion

(left to right) Marc Daubrey, Green Cluster - CI President giving the prize to Arona Soumaré, African Development Bank. (left to right) Marc Daubrey, Green Cluster - CI President giving the prize to Arona Soumaré, African Development Bank.
Wednesday, 19 August 2020 09:39

The Green Cluster of SMEs in Côte d'Ivoire has awarded the African Development Bank a prize for the best technical and financial partner committed to promoting the green economy and supporting small and medium-sized enterprises (SMEs) toward a low-carbon transition.

The prize was awarded on 30 July at the Green Awards, an initiative launched in 2019 under the sponsorship of the Ivorian Minister of the Environment and Sustainable Development Prof. Joseph Seka Seka, with support from the country’s Minister of Trade, Industry and Promotion of Small and Medium-sized Enterprises, Félix Miézan Anoblé.

Despite the onset of the COVID-19 pandemic, the Green Cluster organized a follow-up event, which recognized the continuing importance of sustainable development, the green economy, and other measures to fight climate change.

1 green

The Green Awards represent one pillar of the “Green Days” that were held virtually in Abidjan from 28 to 30 July. The other pillars are Green Talks, and a Green Marketplace.

The Green Awards acknowledge and honor the actors that have made a significant contribution to the development of green SMEs and the emergence of a sustainable low-carbon green economy resilient to climate change.

“As an innovative approach of building on SMEs’ resilience and commitment toward a post-COVID green and sustainable economy, the Green Days in Abidjan awarded the African Development Bank with a Green Award prize for their key contribution to the development of a green economy and green SMEs,” said Marc Daubrey, Green Cluster – CI President.

Dr. Arona Soumaré, The Bank’s regional principal climate change officer, who attended the event said, “We are much honored to receive this Green Award. Enabling eco-innovative SMEs to take into account climate change risks and opportunities, is a key step toward achieving a green economy in the context of the post-COVID-19 recovery. For this reason, the African Development Bank is leading the way to strengthen the technical capacities of SMEs and is deploying a range of climate finance mechanisms to respond to their needs for both competitiveness and inclusive growth.”

The Bank’s Climate Change and Green Growth department has provided ongoing technical support to the organization of the Green Days in the form of presentations and the mobilization of experts.

 2 africabanque

On the same topic
Bank of Botswana raises key interest rate to 3.5% amid liquidity crunch Move responds to rising interbank rates, falling diamond revenues, and...
Coris Bank Q3 profit rises 6.25% to $93.5M on stronger operations Deposits up nearly 10%, but customer loans fall 3.2% year-on-year Bank...
Net profit fell to CFA11.9 billion amid rising raw material prices. Revenue increased slightly by 1.36% to CFA173.4 billion. The company expects...
Net profit rose to CFA83.3 billion, driven by cost control and strong activity. Customer deposits increased 13.9% to CFA2,939 billion. Loan-to-deposit...
Most Read
01

Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...

Wave Launches Commercial Bank in Côte d’Ivoire
02

Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...

Sonatel Stock Nearly 19% Rise Over the Year, Signals Undervalued Telecom Giant Poised for Further Growth
03

Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...

Presidential Elections: Paul Biya Declared Winner in Cameroon, Alassane Ouattara Favorite in Ivory Coast
04

ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...

Moroccan Bottler ECCBC Invests $77.6 Million to Grow Its Operations
05

Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...

Safaricom Integrates M-Pesa Into Ethiopia's Payment Rail
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.