The award ceremony is set to take place on the 30^th of December 2024 at the Accra International Conference Center in Accra, Ghana.

This recognition celebrates EBID’s remarkable dedication to sustainable practices across Africa and its initiatives to foster environmental, social, and economic development in line with the United Nations Sustainable Development Goals (SDGs).

As part of its mission to improve access to sustainable financial resources in West Africa, the Bank has allocated over USD1 billion towards sustainability-focused projects thus far, in alignment with its Strategy for 2021-25.

The Bank’s commitment to sustainable initiatives has gained international acclaim, highlighted by the recent provision of a EUR 100 million line of credit from the European Investment Bank (EIB) to support climate-resilient and sustainable projects within the ECOWAS region.

Notably, in February 2023, EBID launched its first Environmental, Social and Governance (ESG) Finance Framework, reinforcing its commitment to green financing and sustainability. This effort was followed by the inaugural edition of the Bank’s informative series titled “The President’s Round Table” with the theme “Greening West Africa” in October 2023. This event gathered environmental and sustainability experts from across the continent to address the challenges of climate change in West Africa and recommend strategies for climate-focused economic growth.

Furthermore, EBID achieved a landmark by becoming the first Development Finance Institution (DFI) to issue a Green, Social and Sustainable (GSS) Bond in the UEMOA regional financial market, the Bourse Régionale des Valeurs Mobilières (BRVM), which saw oversubscription within just 48 hours. The Bank is also close to finalizing its accreditation process with the Green Climate Fund (GCF) and recently hosted a high-level delegation from GCF, South Korea, to discuss initiatives aimed at bolstering the Bank’s capabilities to aid the sub-region in this area.

The African Sustainability Awards (ASA) serves as a recognition platform for individuals, organizations, businesses, NGOs, and government agencies demonstrating a strong commitment to sustainable practices.