Support for the ISSB’s work and call for early adoption of its standard by African ministers
16 September 2022
A meeting of the African ministers of Finance, Economy and the Environment was held on 7-9 September 2022. Following the meeting, a communique is released in which the African ministers have expressed support for the work of the ISSB.
The Communique states:
We.. support the work of the International Sustainability Standards Board (ISSB) to introduce a global baseline of sustainability disclosures to meet the needs of capital markets, which will enhance transparency, accountability, efficiency and comparability across market. Early adoption by African jurisdictions and companies has the potential to attract more investment and to boost private sector development in Africa. We urge the ISSB to work closely with African stakeholders and to provide strong advisory and capacity building support to achieve early adoption of the ISSB standards in Africa.
The Communique and the response to it by Emmanuel Faber, ISSB Chair may be accessed here.