Tariye Gbadegesin, a seasoned leader in climate finance, has recently taken on the role of CEO of the Climate Investment Funds (CIF). With a vision to drive impactful climate action, Gbadegesin expresses excitement and determination as she embarks on her journey at the helm of the organization.
In her inaugural week, Gbadegesin wasted no time, spearheading the approval of an $85 million investment plan for #NorthMacedonia. This groundbreaking initiative, in collaboration with esteemed partners such as the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and The World Bank, marks the launch of the first pilot of a just coal transition in the region. This significant milestone underscores the CIF’s commitment to accelerating coal transition efforts through strategic investment programs.
Reflecting on her appointment, Gbadegesin expressed enthusiasm for working alongside the exceptional team at CIF and highlighted her honor in collaborating closely with the CIF governing board and partners to navigate the organization through its next pivotal phase of growth. She emphasized the collective commitment to championing a collaborative and coordinated response to climate change, particularly in low- and middle-income economies.
Recognizing the urgency of addressing climate change impacts on developing countries, Gbadegesin stressed the importance of deploying large-scale, low-cost, and long-term financial solutions to support communities in achieving their climate objectives. She reaffirmed the CIF’s pivotal role in driving sustainable development that leaves no one behind, positioning the organization at the forefront of global climate action.
As Gbadegesin assumes leadership, she pledges to harness the collective efforts of stakeholders to build upon the CIF’s legacy and create even greater impact in addressing the pressing challenges of climate change.
