UN appoints Gbadegesin into advisory committee, finance group
The Managing Director and Chief Investment Officer of ARM-Harith Infrastructure Investments Limited, Ms. Tariye Gbadegesin, has been appointed into the United Nations PRI Advisory Committee and the United Nations Technical Working Group on Finance and Investment.
The appointment provides the opportunity for Gbadegesin to contribute African perspectives on the international stage.PRI, the world’s leading proponent of responsible investment, is a United Nations-supported network of investors working to promote sustainable investment through the incorporation of its six aspirational principles.
The principles are built on the belief that to achieve a sustainable global financial system, there must be a fostering of good governance, integrity, and accountability, with a focus on environmental and social governance.
Gbadegesin joins the efforts as part of an international 15-member Infrastructure Advisory Committee. Gbadegesin has been appointed to the United National Technical Working Group on Finance and Investment with high-level dialogue on energy.
The 21-member team comprising senior executives from the global energy sector has a mandate to focus on how public and private finance and investment can be mobilised and leveraged to achieve the 2025 milestones, SDG7, and carbon neutrality.
In her remark, Gbadegesin said: “It is an honour for me to join both of these important groups at this critical time, as the international community works collaboratively towards the delivery of the Sustainable Development Goals while rebuilding economies in the wake of the impact of the global pandemic.
The appointment also takes into consideration enabling mechanisms such as the fiscal response to COVID-19 fossil fuel subsidy reform; green investment regulation and risk management and insurance.
The statement explained that the international appointments mark significant milestones in ARM-Harith’s evolution, since the fund launched in 2013.
“Following equity investments in large-scale power generation assets, in 2020, the fund completed the exit and return distribution of its investment in the Azura-Edo Independent Power Project. The fund is currently supporting projects in the ports, hybrid energy, as well as climate-conscious urban and industrial infrastructure in West Africa. The appointments also advance the objectives of the ARM Group, to prioritise Environment, Social and Governance (ESG) as a critical underpinning of their strategy going forward.
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