{"id":269630,"date":"2024-12-23T03:28:09","date_gmt":"2024-12-23T03:28:09","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/23\/ebid-wins-the-africa-sustainability-award\/"},"modified":"2024-12-23T03:28:09","modified_gmt":"2024-12-23T03:28:09","slug":"ebid-wins-the-africa-sustainability-award","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/23\/ebid-wins-the-africa-sustainability-award\/","title":{"rendered":"EBID wins the Africa Sustainability Award"},"content":{"rendered":"<br><div id=\"article-text\">\n                       \n                        \n<p class=\"wp-block-paragraph\">The Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the <em>Financial Institution of the Year \u2013 Africa<\/em> category at the Africa Sustainability Awards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The award will be presented during an event slated for 30<sup>th<\/sup> December 2024 at the Accra International Conference, Accra, Ghana.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This award recognises EBID&#8217;s outstanding dedication to sustainable practices across Africa and its commitment in advancing Africa\u2019s environmental, social and economic progress in line with the UN Sustainable Development Goals (SDGs).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In line with its mission of improving access to sustainable financial resources in West Africa, the Bank has to-date committed over USD1 billion to sustainability-driven projects, guided by its Strategy for 2021-25. \u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bank\u2019s attention to sustainable initiatives has gained international recognition such that the European Investment Bank (EIB) recently extended a line of credit in the amount of EUR 100 million to support climate-friendly and sustainable projects in the ECOWAS sub-region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In February 2023, EBID published its first Environmental, Social and Governance (ESG) Finance Framework, formalising its commitment to green financing and sustainability initiatives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This was followed by the maiden edition of the Bank\u2019s informative series dubbed \u201cThe <em>President&#8217;s Round Table\u201d<\/em> on the theme &#8220;Greening West Africa&#8221; in October 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The programme, which gathered environmental and sustainability experts from across the continent, focused on the effects of climate change in West Africa and made proposals for climate-conscious economic development.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"http:\/\/www.myjoyonline.com\/wp-content\/uploads\/2024\/12\/George_Agyekum_Donkor_top.jpg\" alt=\"Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID),\" class=\"wp-image-10032657124\" style=\"width:473px;height:auto\"\/><figcaption class=\"wp-element-caption\">Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), <\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, EBID recently made history as the first Development Finance Institution (DFI) to issue a Green, Social and Sustainable (GSS) Bond on the UEMOA regional financial market, the <em>Bourse R\u00e9gionale des Valeurs Mobili\u00e8res<\/em> (BRVM) which was oversubscribed within a space of 48 hours.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bank is also in the process of finalising its accreditation to the Green Climate Fund (GCF) and in that regard, recently received a high-level delegation from GCF, South Korea, for discussions on measures aimed at positioning the Bank to better support the sub-region in this area. The African Sustainability Awards (ASA) is a platform that honours individuals, organisations, businesses, NGOs and government bodies that demonstrate a high commitment to sustainable practices.<\/p>\n\n                <p><strong>DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>      \n               \n <!-- Post Tags -->\n                \n\n                        \n\n    \n                                 \n                                             \n                    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the Financial Institution of the Year \u2013 Africa category at the Africa Sustainability Awards. The award will be presented during an event [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":269631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-269630","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EBID wins the Africa Sustainability Award - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/12\/23\/ebid-wins-the-africa-sustainability-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBID wins the Africa Sustainability Award - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the Financial Institution of the Year \u2013 Africa category at the Africa Sustainability Awards. 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