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Access Bank Champions Africa’s Green Future

11 months ago
11 months ago

Access Bank Plc has reinforced its leadership in sustainable finance and climate action as the Gold Sponsor of the Nigeria Climate Change Forum (NCCF) in Abuja. 

The high-profile event convened Africa’s most influential policymakers, global investors, and sustainability pioneers to drive urgent action toward a net-zero future for the continent.

At the forum, Dr. Gregory Jobome, Executive Director of Risk Management at Access Bank, delivered a compelling presentation on “The Role of Innovation and Technology in Africa’s Net-Zero Transition.” He emphasized the need for Africa to bypass traditional development models and leverage cutting-edge technology and sustainable finance to accelerate its shift to clean energy. He also highlighted Africa’s heightened vulnerability to climate change, particularly if global temperatures exceed 1.5°C, calling for urgent action to build climate resilience.Access Bank

In a high-level panel discussion, Access Bank’s Group Head of Enterprise Risk Management provided key insights into unlocking financing for renewable energy projects in Nigeria. The session showcased the Bank’s leadership in pioneering sustainable financing solutions, including green bonds, blended finance, and public-private partnerships (PPPs)—all crucial to Africa’s energy transition.

Access Bank has consistently led efforts to finance Africa’s low-carbon transition, driving investments in:

Africa’s First Corporate Certified Green Bond: Setting a benchmark for sustainable finance in the region.

Securing Climate Finance: Attracting global investments in renewable energy, low-carbon transport, and climate adaptation.

Renewable Energy Projects: Funding solar farms, wind energy initiatives, and energy-efficient infrastructure.

Institutional Decarbonisation: Implementing solar-powered ATMs, paperless banking, and waste recycling programs to cut emissions.

Recognizing the role of innovation in sustainability, Access Bank is also investing in:

Smart, Low-Carbon Infrastructure: Financing green buildings, energy-efficient systems, and sustainable supply chains.

Circular Economy Innovations: Supporting waste-to-energy technologies, biodegradable packaging, and sustainable manufacturing.

Through its Sustainable Finance Accelerator Program, Access Bank is fostering large-scale investments in Africa’s green transition by working with governments, global financiers, and industry leaders.Access Bank

“Africa is at a critical moment in its climate journey. To create meaningful opportunities for our rapidly growing youth population, financial institutions must take the lead in scaling up sustainable solutions,” said Dr. Jobome.

Additionally, Hajia Imaan Sulaiman-Ibrahim, Minister of Women Affairs, emphasized the crucial role of women in Africa’s net-zero agenda, calling for stronger public-private partnerships to empower women in climate action.

The NCCF provided a vital platform for key stakeholders to shape actionable strategies for a sustainable Africa. Access Bank remains committed to championing impactful, long-term solutions that will secure a resilient future for generations to come.

Access Bank Plc, a wholly owned subsidiary of Access Holdings Plc, is a top-tier commercial bank with over 700 branches across 24 countries and a customer base exceeding 60 million. The Bank employs 28,000+ professionals across Africa and Europe, with additional offices in China, Lebanon, India, and the UAE.Access Bank

As part of its continued growth strategy, Access Bank is committed to integrating sustainable business practices into its operations, ensuring profitable, environmentally responsible, and socially relevant banking services.

For more details, visit fasnewsng.com.

By Lekan Olofinsusi
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