Africa remains the most vulnerable region to climate change with most countries lacking the resources to implement climate mitigation measures and infrastructure.  As Africa contends with climate change and economic development, the investment landscape is also shifting rapidly towards environmental sustainability.

In response to these shifts, green bonds have emerged as a promising financial instrument poised to catalyse sustainable growth across the region.  They offer several benefits, notably, they provide additional sources of finance, diversify the investor base, attract ESG and new sources of public climate finance specifically dedicated to green bonds, and offer portfolio diversification for investors.