Full details for the Invest in Guinea Conference, 09:30-17:30, 13 June, Westbury Hotel
- Presentations in a variety of sectors by keynote speakers and participants
- Guinea developing Jurisdictional and Nested REDD+ (JNR) Project
- Supported by New Leaf Africa and AFCOM
- Guinea developing transparent practices for environmental sustainability
Following on from a Mining Code Briefing on 12 June at the Royal Horseguards Hotel, the ‘Invest in Guinea’ initiative is organising an all-day Invest in Guinea Conference on 13 June at the Westbury Hotel, London. With presentations on topics including Environmental Sustainability, Local Sustainability, Developments within Mining and Infrastructure, Country Certification and Financing and Investment Guarantees, the conference places a strong focus on environment and sustainability. A full speaker list and agenda is attached.
In addition to the event’s relevance to the concurrent G8 Summit (17-18 June 2013) taking place in London, it has been announced that Invest in Guinea co-sponsor New Leaf Africa will be developing and executing a preservation strategy for Guinea, working with the Guinean government and 108 local communities in order to develop a Jurisdictional and Nested REDD+ (JNR) project.
A growing number of projects to Reduce Emissions from Deforestation and forest Degradation and sustainably manage forests and enhance forest carbon stocks (collectively referred to as REDD+) are being implemented around the world. Many of these projects use the VCS Program to quantify carbon benefits. However, a lack of guidance on robust and transparent accounting and verification approaches at the jurisdictional level, and uncertainty surrounding international climate policy, has prevented the integration and scaling up of government-led and project-level REDD+ activities. To fill this void, VCS developed the world’s first Jurisdictional and Nested REDD+ (JNR) Framework for accounting and crediting REDD+ programs, whether implemented at the national or subnational (state) scale.
“New Leaf Africa is honoured to be chosen by the Republic of Guinea to manage this process. The government’s commitment to move forward with a JNR process shows a serious commitment to environmental preservation. Guinea will join a small, but important, group of countries making this bold commitment for the betterment of the globe.”
– Al Babbington, CEO, New Leaf Africa
Supported by New Leaf and Afcom, the conference will be followed by a cocktail reception at the Westbury the same evening, from 17:30-20:30.
An initiative of the Guinea Government, the Invest in Guinea Conference seeks to bring investors and journalists together to learn more about the investment landscape of Guinea and its focus on encouraging long term sustainability through full accountability and transparency of responsible investment practices.
To register your attendance at the Conference, or to RSVP for the evening cocktail reception,
please contact Neha Desai at [email protected] or call +44 0203 582 7324
Notes for Editors
About Jurisdictional and Nested REDD+ (JNR)
A growing number of projects to Reduce Emissions from Deforestation and forest Degradation and sustainably manage forests and enhance forest carbon stocks (collectively referred to as REDD+) are being implemented around the world. Many of these projects use the VCS Program to quantify carbon benefits. At the same time, governments are establishing new policies and programs to mitigate greenhouse gas (GHG) emissions across the forest sector of entire national or subnational jurisdictions. However, a lack of guidance on robust and transparent accounting and verification approaches at the jurisdictional level, and uncertainty surrounding international climate policy, has prevented the integration and scaling up of government-led and project-level REDD+ activities. To fill this void, VCS developed the world’s first Jurisdictional and Nested REDD+ (JNR) Framework for accounting and crediting REDD+ programs, whether implemented at the national or subnational (state) scale. The resulting framework also establishes a clear pathway for existing and new subnational jurisdictional activities and projects to be integrated (or “nested”) within broader (higher-level) jurisdictional REDD+ programs. VCS is advancing a number of ground-breaking JNR pilot activities around the world at both national and subnational scales. JNR pilot programs establish a clear pathway for verifying forest-related emission reductions at the jurisdictional scale. Pilot programs will increase the confidence of policymakers, donors and investors in REDD+, contributing to the scaling-up of activities that effectively tackle deforestation and forest degradation, significantly reduce global emissions, and generate positive benefits for local and indigenous communities.
About ‘Invest in Guinea’
The ‘Invest in Guinea’ initiative seeks to foster win-win partnerships and dialogue encouraging economic growth and direct foreign investment in Guinea through a series of briefings and events open to investors, analysts and other interested parties within the business world. By encouraging greater transparency and accountability, under the presidency of Alpha Condé, the mineral-rich West African country has seen a series of reforms, including a reduction in public deficit from 12.6% of GDP in 2010 to 2.5% in 2012, along with a drop in inflation from 21% to 12% in the same years. Adhering to international-standard best practices, ‘Invest in Guinea’ supports long term economic development and sustainability of projects, with the interest of Guinea’s local communities at the forefront.
The ‘Invest in Guinea’ initiative was launched at WEF in Davos in January 2013 where President Alpha Condé was invited to promote transparency and win-win, long-term investments to drive national growth and use the huge natural resources to improve Guinean people’s life. In addition to the Mining Code Briefing of 12 June 2013 in London, previous events include a series of trips abroad (including South Africa in February, the USA in March and the UAE in April) to promote the attractiveness of the Guinean economy and its potential in the mining sector, agriculture, energy and infrastructures.
About New Leaf Africa
New Leaf Africa is a collaboration of leaders in forestry preservation, technology, population health, and renewable energy. The mission of New Leaf Africa is to bring social and economic sustainability to developing countries in the African continent and to lead and support projects that advance access to better health care and education for all. They develop and advise local governments on a strategy that assures all future development is completed in a sustainable manner that maximizes the reduction of greenhouse gasses. New Leaf Africa focuses on projects that advance access to improved health and economic development on a local level. They believe a sustainable future is a balance of ecological integrity, economic opportunity, and human well-being. This holistic approach provides the opportunity for lasting change. For more information visit www.newleafafrica.com
About AFCOM
AFCOM specialises in the development, management, financing and structuring of critical infrastructure in Sub-Saharan Africa, with the aim of improving the welfare of all stakeholders. Central to AFCOM’s infrastructure development approach is leveraging our sovereign client’s assets by providing value-add and monetisation capabilities. In this context, AFCOM provides ‘best in class’ global expertise and robust execution to provide optimal, timely solutions that will unlock value and unleash economic growth. For more information visit www.afcomgroup.com
For further information and high-resolution images please contact:
Neha Desai | Media Relations | Curzon PR
t: +44 (0)20 73992438
