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Climate and Development Days

Climate and Development Days

Climate and Development Days

The ๐—™๐—ข๐—ก๐—ฆ๐—œ๐—ฆ took part in the panel on climate finance and innovation, organized by the World Bank and the Ministry of the Environment and Ecological Transition , on the sidelines of the Climate and Development Days โ€“ Senegal 2025, on October 27 and 28 at CICAD.

Mme Fama DIOP NDIAYEDirector of Sector Investments, spoke about the ๐—™๐—ข๐—ก๐—ฆ๐—œ๐—ฆ's approaches to mobilizing private capital in transition sectors - energy, water, agriculture - and the integration of ESG criteria through the Environmental, Social and Governance Management System (SGES).

The discussions also provided an opportunity to present the instruments put in place to support sustainable financing, including the Infrastructure Fund (FPI), the ๐—ฅ๐—ฒ๐—ป๐—ฒ๐˜„๐—ฎ๐—ฏ๐—น๐—ฒ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† & ๐—˜๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐—ฐ๐˜† ๐—™๐˜‚๐—ป๐—ฑ (REEF) and private equity funds dedicated to SMEs and projects with a strong social and environmental impact.

ABOUT FONSIS

The Strategic Investment Fund of Senegal (FONSIS SA.) was created by Law 2012-34 adopted on 27 December 2012. It adheres to the Santiago Principles which govern the operation of the largest international sovereign wealth funds of member countries of the International Monetary Fund (IMF).

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