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Uganda Development Bank Ltd receives the Global Sustainable Finance Award

Wednesday, 30th September 2020
Amb. Tibaleka at the award ceremony in Karlsruhe, Germany
H.E. Ambassador Marcel R. Tibaleka, Uganda's Ambassador to Germany received the award on behalf of Uganda Development Bank Ltd at a ceremony held today 30th September, 2020 at 10:00hrs in Karlshruhe, Germany.

The award aims to provide recognition to financial institutions that have successfully embedded economic, social and environmental sustainability into their organizational culture; and honour organizations that have made outstanding contributions in the field of sustainable finance among others.

The ceremony was held within the framework of the annual Global Sustainable Finance Conference.  The conference was co-hosted by European Union Strategy for Sustainable Development (EOSD) and Uganda Development Bank Ltd together with the long-time partners - the City of Karlsruhe, the Associations of Development Financing Institutions in Africa (AADFI), Asia and the Pacific (ADFIAP) and in member countries of the Islamic Development Bank (ADFIMI), and other allies.

Honourable Matia Kasaija, Minister of Finance, Planning and Economic Development gave opening remarks at the World Development Finance Forum and attended the ceremony through video-conference.

His Excellency, the Lord Mayor of Karlsruhe Dr. Frank Mentrup congratulated Ambassador Tibaleka, the Government of Uganda on Uganda Development Bank Ltd becoming a Sustainability-Certified Financial Institution.

Source: Public Diplomacy Desk, Uganda Embassy Berlin

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