The SMI Africa Council (SMIAC) will host a high-level, invitation-only consultation for institutional investors and philanthropists during New York Climate Week, focused on GEMs 3.0—a groundbreaking data and analytics platform initiative aimed at scaling investments in Africa, emerging markets, and developing economies (EMDEs). This closed-door event is designed to explore new approaches to leveraging Global Emerging Markets Risk (GEMs) data to unlock critical capital flows into these regions.
GEMs 3.0 is an institutional investor-led platform supported by SMIAC, with the mission of transforming how risk data in emerging markets is used to drive investments. By incorporating investor insights and engagement, GEMs 3.0 aims to support the implementation of major global initiatives, including the G20 Capital Adequacy Framework (CAF), the COP27 Presidency, the New Financial Pact Summit, the Bridgetown Initiative, and the Africa Climate Summit. Additionally, it aligns with the $150 trillion Institutional Investor Consortium’s COP28 Call-to-Action, which urges multilateral development banks (MDBs) and development finance institutions (DFIs) to form institutional investor-public partnerships. The ultimate goal is to democratize access to GEMs data analytics and significantly boost private capital mobilization to bridge the climate and SDG investment gap in Africa and EMDEs.
One of the key pillars of GEMs 3.0 is its commitment to engage directly with African Heads of State and MDB partners, creating pathways for more substantial investments. Building on GEMs 2.0, the platform integrates feedback from leading institutional investors and rating agencies to evolve into a powerful asset allocation tool. This will enable governments, issuers, and investors to collaborate on de-risking investments, encouraging larger capital allocations while meeting SDG and Paris Accord objectives.
GEMs 3.0 is positioned to become a leading data and risk analytics platform for investors, helping create blended finance structures to scale private investments in areas such as climate adaptation, mitigation, and SDG-aligned initiatives. By offering tools that analyze Probability of Default (PD) and Loss Given Default (LGD), the platform will help investors refine risk perceptions, leading to more accurate pricing and informed decision-making in emerging markets.
The New York Climate Week consultation will provide an update on GEMs 3.0’s progress and its strategic roadmap toward COP30 in Brazil, and will cover ecosystem consultations around the World Bank Annual Meetings in Washington, COP29 in Baku, and upcoming global summits like the G7 Summit in Canada and the G20 Summit in South Africa.
For more information and updates on GEMs 3.0, visit www.gems3.ai