Chesterfield’s Green Arch Consulting is working alongside the Central Bank of Nigeria to help the organisation in its transition to a low carbon future.
The business’s founder, Emma Knight-Strong is a registered expert on sustainable finance and Green Transitions through the UK Government’s “Partnering for Accelerated Climate Transitions” programme (UK PACT).
Funded by the UK’s International Climate Finance, the UK PACT programme has provided funding for projects and skill-shares across three continents since 2018.
In 2022, Green Arch Consulting undertook a review for the Central Bank of Nigeria to help them evolve the Nigerian Sustainable Banking Principles, which are a set of principles designed to accelerate the transition to a lower carbon, climate resilient economy.
In January 2023, the business was commissioned to undertake further work to progress the update and evolution of these principles in line with international best practice.
Emma Knight-Strong, who lives and works in Chesterfield, will be carrying out a series of virtual workshops with the Central Bank as well as external stakeholders within the Nigerian financial space. The results of the workshops will be fed into, and Green Arch Consulting will be advising on, the redrafting of the principles.
Emma, founder of Green Arch Consulting, said: “Sustainability is increasingly an imperative for businesses to consider – this is driven by increasing regulations and policies driving in that direction, the very real physical impacts that climate change is having on businesses and their supply chains, as well as an overwhelming shift in public opinion on the topic.
“The financial world is increasingly heavily regulated in this area, resulting in significant pressures on the businesses and assets that they finance to consider sustainability and Environmental, Social and Governance (ESG) issues in a way never before seen.”
