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Africa Community Forum: Climate-Smart PPPs for a Green, Resilient and Inclusive Recovery

March 29, 2022

Online/Virtual


  • Please register in advance to attend this online event. 

    The combination of rapid urbanization and increasing vulnerability due to climate change is putting urgent pressure on the infrastructure of emerging and developing economies (EMDEs). At the same time, these economies have limited resources to cope with disasters, constraints that have been further exacerbated by the effects of the ongoing pandemic. 

    For countries in Africa, especially, climate change is an increasingly serious threat. The risks of climate change on agricultural production, food security, water resources and ecosystem services will likely have increasingly severe consequences on lives and sustainable development prospects in Africa.

    As countries progress in their economic recovery from the COVID-19 induced recession, private investors and developers have a powerful opportunity to accelerate investments that support climate-resilient infrastructure and drive inclusive growth. These investments will be crucial for EMDEs to transition to low-carbon economies.

    To realize this potential, three ingredients are essential for EMDEs to promote and nurture: public and private sector engagement, creating investment-friendly business environments, and building pipelines of bankable, sustainable infrastructure opportunities.

    This event aims to ensure that new and existing PPP projects account for physical climate risks; are able to adapt to future climate, socio-economic, and technological changes; and address climate adaptation/mitigation across the infrastructure lifecycle. By participating, attendees will learn more about how to better incorporate climate resilience into infrastructure PPPs, how to balance climate objectives with urgent national development pressures, and how to prioritize climate change adaptation and resilience during project selection, especially during periods of tight fiscal space. 

    This event will include public sector officials and decision makers working at national, regional, and local levels from ministries, governmental agencies, and PPP units/institutions that hold responsibility to make decisions on structuring, implementing, and advising on PPP programs.

    We welcome your participation at the African Community Forum Event on the 29th March 2022 at 08:00 AM EST - 10:30 AM EST, and look forward to the opportunity to engage and share insights, experiences and strategies for the advancement of climate smart PPPs for a green, resilient and inclusive recovery.

    Please register in advance to attend this online event. 

  •  

    Session/ Time

     

    Speaker

     

     

     

    Role/Questions

     

    Welcome

     

    8:00 -8:05 am

     

    8:05- 8:10 am

     

     

     

    Aijaz Ahmad// Simon Fowler

     

    Poll Question #1: Describe in a phrase what does climate smart PPPs mean to you? 

     

    Outline the session modus operandi & kick start with a polling question

     

     

    Introductory Remarks

    8:15am-8:15am

    Imad Fakhoury

     

     

    Opening Remarks

    8:15am-8:20am

    Ashish Khanna, Acting Africa Regional Director
    Welcome the virtual participants and set the stage for the discussion through the opening remarks.

     

    Keynote Speech

     

    8:20am-8:30am

     

     

    Christopher Kirigua, DG PPP Directorate, Kenya

    Kenya’s Climate Smart PPP Programme: This session will highlight Kenya’s experience of the public sector taking the lead to proactively invest in climate adaptation and mainstream climate resilience into infrastructure planning and PPPs.

    Audience Question

     

    8:30am-8:35am

     

     

    Poll open for 5 minutes: Q1. What would you like to hear more on from any one of the speakers? [Name of speaker followed by a precise question]

     

     

    Ashish Khanna, Acting Africa Regional Director, World Bank

     

    Christopher Kirigua, DG PPP Directorate, Kenya

     

    Questions from the audience (via chat box) will be answered.

    8:35am – 8:40am

    Simon Fowler

     

    Poll Question #2: Describe in one word what you consider the biggest challenge in implementation of climate smart PPPs?

    Describe in one word what you consider the biggest challenge in implementation of climate smart PPPs?

    Session III

    Panel Introduction

     

    8:40am-8:45am

     

    Fatouma Ibrahima

    Introduce the panel members and invite WAPPP for a presentation  

    WAPP presentation

     

    8:45am- 8:47am

     

    Primah Atugonza Kyambadde, Chair of WAPPP Africa Chapter and Legal Counsel at ALSF

     

    WAPPP to provide a quick one slide overview of WAPPP

    Panel Discussion

     

    8:48am - 9:55am

     

     

     

    Panel I: Government Representatives (20 minutes)

    Lamine Lo, Director of Financing and Public-Private Partnerships, Senegal

    Doreen Karake, Former Head of Transaction Advisory at Rwanda Development Board

    Anthea Stephens, Climate & Sustainability Component Lead, National Treasury of South Africa

     

    —      The majority of emissions today is associated with carbon-intense infrastructure, particularly in the energy and transport sectors. However, countries will need to make significant investments over the next decade to build and rehabilitate ageing infrastructure to meet the increasing demand. Many of the risks associated with climate change will be felt hardest by developing economies, as their ability to prevent and respond to the impacts of climate change is comparatively limited. Against this background how can climate smart infrastructure solutions be prioritized and what role do you see PPPs play?

    —      What are some lessons from South Africa in the implementation of climate smart PPPs? How does South Africa’s Climate Change Framework aid in the implementation of climate smart PPPs?

    —      What additional fiscal costs does climate change create and what does it mean for fiscal affordability of projects, particularly in the Africa region?

    —      With fiscal space being increasingly constrained and the growing need for climate resiliency in infrastructure development and implementation. How can the public sector in Rwanda and Senegal pave the way for climate smart PPPs? What does the public sector look for in a successful PPP? 

    —      Stakeholder management from project development to end-user implementation is key to PPPs. What are some challenges in the implementation of climate smart PPPs that the public and private sector need to keep in view through the project cycle?

    Simon Fowler (5 minutes)

     

    Poll Question #3: Which of the below is the biggest way multilaterals and development partners can help enable climate smart PPPs?

    1. Transaction and knowledge advisory specific to climate risk
    2. Coordination and engagement with countries, and private sector firms on climate smart PPPs
    3. Climate financing
    4. Private capital mobilization

     

     

    Which of the below is the biggest way multilaterals and development partners can help enable climate smart PPPs?

     

    Panel II: Development Partners (20 minutes)

    Primah Atugonza Kyambadde, Chair of WAPPP Africa Chapter and Legal Counsel at ALSF

    Beatrice Ikilai, Lead Coordinator, AP3N - Africa PPP Network

    Mr. Joao Cunha, Sustainable Energy Fund for Africa (SEFA), AFDB

     

    —      Specific to the African subcontinent, what are some key things to take note of in the project development and implementation phase and are there any examples globally from which African countries can learn from?

    —      Climate-resilient infrastructure is key to thriving communities and economies. At the same time, infrastructure alone will not provide overall climate resilience. Infrastructure investments need to be met with and supported by policies that work towards the same goals. What are some examples of relevant policies that have helped built up climate smart PPPs in the region?

    —      How does the involvement of multilateral agencies and development partners benefit the process of designing and implementing a climate smart PPP? Can targeted funds by multilaterals like SEFA which provide both technical and financial assistance to projects help scale up climate smart PPPs?  

    Panel III: Private Sector (20 minutes)

    Mr. Jonathan Muga, Head of Infrastructure, Standard Bank, South Africa

    Richard Abadie, Capital Projects & Infrastructure, Partner, PwC

    Francois Bergere, Long Term Infrastructure Investors’ Association

    —      The infrastructure gap is considerable with an estimated $15 trillion required globally, according to the Global Infrastructure Hub from 2016 to 2040. COVID-19 has limited public sector budget and capacity and at the same time highlighted the urgent need for infrastructure especially. Against the backdrop of slowing global growth what are the trends you see in infrastructure provision over the long run and what is climate smart PPPs role in the future?

    —      As the region flourishes, many local and regional banks are appearing in the infrastructure financing space, and capital markets in the region are largely skewed to a few African countries in the region. How can private sector investments be best scaled and applied across the region for climate resilient and smart infrastructure development such that they are able to attract the right kind of financing?

    —      Despite the gains made in climate smart technology recently especially in the energy sector, there are high real and perceived risks in the implementation of PPPs. What are some ways to mitigate and control for risks that lead to significant capital premiums and high financing costs?

    —      Given the massive capital requirements and need for innovation in climate smart infrastructure, how are PPPs placed to aid in implementation? How do PPPs help specifically in managing climate risk and uncertainty?

    Closing Remarks

     

    9:55am-10:00 am

     

     

    Fatouma Ibrahima, Practice Manager, IPG

    Provide Closing Remarks

March 29, 2022 8:00 AM - 10:30 AM EST