DT Global’s Post

31 May 2024 The Updated Integrated Safeguards System (ISS) of the AfDB as approved by our Board on 12 April 2024 became effective and abrogated the 2013 version of the ISS It is a monumental milestone, especially for everyone who was closely involved in the preparation of the policy, benchmarking with peers, consulting with stakeholders across our RMC & non RMC capitals/CSOs/borrowers/clients + internal stakeholders in the bank, contextualising policy provisions for the African context, addressing all emerging issues in the policy in an African context (GBV, SEAH, human rights in a project context, child labour, supply chain etc) , preparing the guidance notes for borrowers, addressing vulnerabilities in the broad sense, developing the tools for the bank’s ESDD and support to our borrowers and clients. We put the people of Africa at the center of the policy and introduced a level of pragmatism to support our borrowers and clients development and deliver sustainable and impactful projects in Africa. Please do read the ISS, its guidance notes and if ever there is a doubt, just raise your hand and we can have a conversation based on facts and facts only. Note that in relation to human life, war strategists can plan for collaterals but development actors should not, especially for the most vulnerable in our society. The conversation must never be based on emotions or hear say but facts and only facts. Let’s have the conversation around E&S safeguards with this perspective in mind. Since it’s approval, we have been rolling out a compensive capacity building for internal and external stakeholders. Next week, we are in Marrakech Morocco for the final stage of our internal capacity building and our preparedness to support our clients and borrowers prepare and deliver sustainable projects. There are exciting times ahead #ISS, #AfDB, #sustainableDevelopment

#IMPLEMENTATION: We are pleased to share that the Global Risk Modelling Alliance (GRMA) jointly supported by the Insurance Development Forum and the Insuresilience Solutions Fund has issued a Call for Proposals for Nigeria.  The GRMA aims to fill critical model and data gaps and enhance (sub-)sovereign climate and disaster risk assessment capabilities. Relevant gaps are identified and co-defined with country partners, and are then published in country-specific Call for Proposals. Research institutions, academia, re-insurance brokers or carriers, commercial model vendors are encouraged to apply.  Deadline for proposals is Monday 5 August 2024. For more information and to apply, please visit: https://lnkd.in/e5xccMwx  #ApplyNow #ClimateChange #ClimateAction #ClimateResilience #ClimateFinance #ClimateInsurance #DRR #CDRFI #ClimateRiskInsurance #Nigeria  National Council on Climate Change Climate Vulnerable Forum (CVF) & Vulnerable Twenty Group (V20) Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) InsuResilience Solutions Fund (ISF)

The Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR) has been a key player in reducing vulnerabilities in the region. This annual report showcases its efforts in 2022, including nearly $29 million in project disbursements. The report also explains how the fund is expanding its scope to pivotal areas such as health, climate and disaster management, quality infrastructure investment, and public finance management. Read the full report. https://lnkd.in/gP92tYTU

How Unaddressed Social and Environmental Challenges can Create Risks for Businesses The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has said that as part of an effort to tackle oil theft, the company has destroyed 7,500 illegal refineries and disconnected about 6,800 illegal pipeline connections in the Niger Delta. Kyari made the disclosure over the weekend during a fireside chat at the 2024 Future of Work Summit organised by Productive Youth Network (PYN), which had the theme: “Nigeria of Possibilities: Challenges, Prospects and Strategies for Future of Work”. Kyari said, “On illegal connections, over 2,000 are yet to be removed, but we will surely get to the end of it.” Speaking further, he said oil theft had persisted not just because of failure or absence of technology, but the absence of intelligence and reaction.He said, "For instance, a village is 200 metres away from a massive oil installation, and in that village, there is no electricity and drinking water, and degradation of the environment is going on whereas residents can’t fish or go to their farms.“So, when these criminals come to steal our oil, the communities sit and watch because they have been neglected and they feel there is no need to report’’. Do you think Shared Value offers a strategic approach to mitigate these risks and create new business opportunities? Please share your thoughts in the comments below #SharedValue #SharedValueNigeria #Sustainability #ProfitwithPurpose Source: https://lnkd.in/eCUKgYBa

Safeguarding climate finance against #corruption and corruption practices is essential to ensure that the benefits of the money spent on mitigation and adaptation reach the communities and not end up in the pockets of those implementing the projects. World Bank debars consultancy company and individuals associated with Sindh Resilience Project over fraudulent practices particularly procurement fraud. The project aimed to mitigate flood and drought risks in selected areas of the province and strengthen its capacity to manage natural disasters and public health emergencies. Most part of the #climatefinance is spent through procurement, which is an area highly vulnerable to corruption. Through our recent report, Transparency International Pakistan has proposed strict implementation of Integrity Pact model in all climate related projects including ensuring that citizens and civil society act as oversight through involvement as independent montiors throughout the project life cycle, to prevent corruption. Report here: https://lnkd.in/eQ6Uf3gW

https://lnkd.in/dDziaiei Infrastructure development in East Africa is impressive

Leading a field mission in Suriname for the Reengineering of the Ministry of Spatial Planning and Environment (IDB - Interamerican Development Bank project) #GrupoCH #CHGroup #CH #Suriname #IDB

🌍 Roundtable Recap: Developing a Frontloading Mechanism for Mine Action There is a strong case for innovative finance to accelerate mine action efforts, which has been severely limited by funding challenges.  On 21st of May, we hosted a productive roundtable with the Geneva International Centre for Humanitarian Demining (GICHD) and Symbio Impact Ltd, joined by the Ministry of Economy of Ukraine. Participants discussed key contexts, challenges and tangible opportunities for innovative finance to support and expedite mine action in affected countries.  Key takeaways:  💡 Funding for mine action is currently volatile, scarce, and unequal in distribution. A frontloading mechanism like IFFIm’s model for vaccination will provide quicker access to funding, while engaging donors with predictability and flexibility. 💡 The significant challenges and impact of mine contamination as seen in countries like Ukraine, Afghanistan and Yemen, highlights the economic case for establishing a frontloading mechanism for mine action. Delays in demining have proven to result in long-term economic and social damage in affected countries. 💡 Success in implementing a frontloading mechanism for mine action will require:   (1) strong leadership commitment from impacted nations and a group of key donor countries;   (2) sufficient scale to justify using this mechanism;   (3) a clear narrative on the urgency and economic benefits; and   (4) a clear governance and programming structure, along with transparency on impact. This conversation brought valuable insights and considerations crucial in driving ongoing discussions. We look forward to the coming months as key actors develop a gameplan for innovative finance to play its pivotal role in mine action globally.  Find the full summary here (3 pages): 👉 https://lnkd.in/gaKrVwjF #MineAction #Demining #TogetherAgainstMines #InnovativeFinance #HumanitarianInnovativeFinance #HumanitarianFinanceForum #HFF

📢 𝗪𝗵𝘆 𝘀𝗽𝗲𝗮𝗸 𝘂𝗽? Integrity violations such as fraud, and corruption, can undermine the trust and transparency critical to ADB’s mission. By speaking up, you help identify and address these issues early, ensuring accountability and safeguarding development projects. 💬 𝗬𝗼𝘂𝗿 𝘃𝗼𝗶𝗰𝗲 𝗺𝗮𝘁𝘁𝗲𝗿𝘀. Explore and learn how speaking up can uphold integrity. https://lnkd.in/gHR2aGX2

Webinar series on Casualty Recording in Africa First event - Monday March 4 at 16:00 GMT Background Members of the Casualty Recorders Network (CRN) of Every Casualty Counts record casualties in wars and otherwise violent environments across the globe. The goal of the webinar series is to increase their visibility among policy-makers, diplomats and academics, who require the information they can provide but are often not aware of their important work. At the same time, the work of casualty recorders can be enhanced by the attention, support and expertise of policy-makers and academics. Thus, our main purpose with this webinar series is to showcase the work of CRN members, and to create conversations between policy-makers, academics working with casualty data and casualty recorders in the Casualty Recorders Network. The series will shine a spotlight specifically on casualty recording in several African contexts where many severe ongoing conflicts receive little attention.            Schedule of Events   Series Launch Event (Webinar 1) - Geopolitical currents and casualty recording in Africa African regional politics is enmeshed in multiple external crises. The war in Ukraine has decreased Russian military aid to West and Central Africa, inflated grain prices, and fed cost-of-living crises across the continent. Middle Eastern instability has diverted Gulf State diplomacy and economic investments away from the Horn of Africa. The combination of climate emergencies and conflict conditions has escalated humanitarian crises and instigated new displacement patterns. These factors create a twin conundrum for casualty recorders; work on the ground becomes increasingly complicated while financial support dwindles. This webinar will mix casualty recording professionals with regional political experts. The discussion will survey the geopolitical environment and then explore the possibilities for policy makers to overcome the constraints of the current political moment and to better mobilise and target support for casualty recording in Africa. Invited speakers for the first webinar: ·  Dr. Mareike Schomerus, Harris School of Public Policy, University of Chicago, and Vice President at Busara ·   Khalif Hasan, Somali Human Rights Activist and Executive Director of Omeria Community Development Organisation (OCDO) ·    Emily Tripp, Executive Director of Airwars Moderator: Professor Michael Spagat, RHUL Webinars 2-4: Casualty recording in Central Africa, Sudan and Somalia Closing event (Webinar 5): Overcoming challenges in casualty recording – a conversation Register for the first webinar: https://lnkd.in/eM64EDEf