The Africa Business Leaders Coalition (ABLC), a CEO-led initiative of the United Nations Global Compact, launched its 2024 Climate Report at COP29, spotlighting the strides made by Africa’s private sector in addressing the continent’s climate challenges. Presented as part of the high-level Caring for Climate event, the report showcases significant advancements in climate finance, renewable energy, adaptation and resilience efforts, in addition to strategies for a just transition to a green economy.

Founded in 2022, the ABLC empowers African business leaders to unite and amplify their collective voice on critical issues including climate action and gender equality. The 2024 Climate Report outlines achievements made since COP27 in Sharm El-Sheikh, assessing member progress toward ambitious climate commitments. This year’s COP29 event highlights the ABLC’s steadfast commitment to sustainable development and reinforces Africa’s leadership role in global climate solutions.