The 3rd Climate Change Global Business Summit on Africa held at Villa Rosa Kempinski. Paul Russo joined policymakers, investors and private sector leaders to explore how private capital can accelerate climate solutions across the continent.
The summit convened key stakeholders including government officials, development finance institutions and sustainability experts to examine practical pathways for financing Africa’s green transition. It’s strongly focuses on mobilizing capital, strengthening resilience and positioning the continent as a hub for sustainable investment.
Among the high-profile participants were Mutahi Kagwe, representatives from the French Chamber of Commerce and the Kenya Private Sector Alliance.
A key panel discussion on climate finance and the just transition was moderated by Yvonne Okwara. It focused on ways to unlock private investments in Kenya and all across Africa.
Russo emphasized the need for collaboration across sectors. He said that solving climate challenges will depend on stronger partnerships between governments, development finance institutions, and commercial banks.
“We have built a team of subject matter experts, and we are therefore equipped to co-create solutions,” he said.
He added that improving project pipelines and sharing risk will be critical to unlocking long-term capital for climate initiatives.
KCB Group is ramping up investments in renewable energy, clean technologies and low-carbon development as part of its sustainability agenda. The bank plans to allocate 25% of its loan book to green financing.
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