Can taxonomies help create a new asset class? In this episode, Alfonso García Mora, Regional Vice President for Europe, Latin America and the Caribbean at the International Finance Corporation (IFC) shares how the organisation mobilises private capital to support sustainable development in emerging markets. Alfonso shares insights into their approach to climate finance and adaptation, and the role of taxonomies in helping investors navigate opportunities and risks.

What does a ‘just transition’ really mean in practice? In this episode of the LSEG Sustainable Growth podcast, Punki Modise, Group Chief Strategy & Sustainability Officer at Absa Group discusses the link between sustainability and long-term value creation, how they are measuring social impact and the current challenges facing sustainable finance in Africa.

• (00:00:00) - Introduction
• (00:01:49) - Why sustainability is embedded in ABSA's corporate strategy
• (00:04:40) - Making social and business sense
• (00:07:47) - Shareholder reception
• (00:09:11) - Measuring social impact on the ground
• (00:11:20) - What does a 'just transition' look like?
• (00:13:45) - Unpacking ABSA's decision to opt out of the Net Zero Banking Alliance
• (00:15:39) - Three critical sustainable finance challenges in Africa
• (00:17:24) - Infrastructure gaps and energy poverty
• (00:19:11) - Policy
• (00:21:41) - ABSA's vision for 2030

As geopolitical volatility rises, is sustainable finance entering a new phase? In the latest episode of the LSEG Sustainable Growth podcast, Franck Gbaguidi, Practice Head, Sustainability at Eurasia Group joins us in-person to discuss how sustainability policy volatility is impacting their clients, how attitudes towards adaptation are changing and the outlook for climate finance.