We are a non-profit research initiative working towards a just and inclusive financial ecosystem that serves the transition needs of our time with dignity.
We are a non-profit research initiative working towards a just and inclusive financial ecosystem that serves the transition needs of our time with dignity.
New development pathways are required to support society's transitions to a cleaner, more sustainable, more just, and more inclusive world. The Paris Climate Agreement suggests an active role for the financial sector in forging these pathways. However, transitions are fraught with difficult uncertainties and challenges and moving forward requires engaging with the 'messy middle'.
Rabia adopts a systemic, holistic approach to identify the key leverage points and institutional partners for interventions in African and other global South economies. Rabia works at the nexus of financial, environmental, economic, and social thinking, bringing a unique transitions perspective to finance. It helps partners engage with the complexity of issues they are facing, whilst helping them chart a clear, actionable path forward.
Rabia name embodies the spiritual legacy of Rabia Aladawia, who taught of love, compassion, and oneness. The name also represents rage (Spanish meaning), alluding to the dissatisfaction with deepening injustices, and our passion and focus to address these. Our name carries the vision of ushering in a fresh approach and role for finance (Spring, its Arabic meaning). These spiritual essences inspire Rabia’s work, which was founded based on guidance from the founder’s spiritual teacher of need for caring and sharing amidst the multiple challenges the world is facing.
Founding Director and ex-banker Dr. Chantal Naidoo has drawn on her experience from more than 25 years in investment banking, development finance, and climate finance to assemble an international team and network of partners.
Rabia's advisors and senior associates bring expertise in crafting national and global climate change policies, negotiating energy-focused development finance loans, and analysing physical and transition risks to offer bespoke research. Our analysts have unique skills in financial analysis and impact investment, energy and environmental law, and geospatial mapping of physical and biodiversity risks.
Our work culminates in developing bespoke financial policy proposals, financing mechanisms for transitions, as well as building implementation and response capabilities of the institutions engaged.
We are passionate about navigating the uncharted waters of a financial ecosystem in transition. We do so with intentionality, integrity, courage, an openness to learning, and — above all — care for the future. We believe each person and institution can and should contribute towards a new era of existence, built on love and compassion, our interconnectedness to each other and to creation.
Rabia’s work is overseen by a group of international experts with experience in government through climate change negotiations, international diplomacy, energy transitions, as well as in the private sector and civil society.
Chair of the Board
Dr Dhanasagran Naidoo holds a B. Paed from the University of KwaZulu-Natal, a Bachelor of Education, and a master’s in education from Nelson Mandela Metropolitan University. He earned his PhD in Curriculum Studies from Stellenbosch University and a qualification in Leading in a Digital Economy from the Gordon Institute of Business Science. He has over 30 years of experience in higher education strategy formulation and execution, institutional intelligence, digital ecosystems, decision support and combined assurance. Dr Naidoo has held executive positions at the Tshwane University of Technology and the New Zealand Tertiary College. He has been on the Ministerially appointed Administrator’s Team at the Mangosuthu University of University. As the Senior Director of Institutional Research and Academic Planning at the University of the Free State, he oversees strategic planning, institutional research, monitoring, evaluation and reporting, as well as quality assurance and academic planning.
Founder and Executive Director
Dr Chantal Naidoo specialises in finance within a transitions context, with more than 25 years experience across several finance disciplines, including climate finance and academia across the African region and abroad. Her work on climate finance with the Green Climate Fund (GCF) offered a unique understanding of developing country needs, challenges in accessing finance, and need for strategic approaches to climate finance. She developed pioneering structures and policies such as the Green Fund at the Development Bank of Southern Africa, led climate finance policy research for the Government of South Africa, and contributed towards designing the GCF’s Readiness Programme. She authored the UNFCCC’s first chapter on Article 2.1c in the 2020 Biennial Assessment on climate finance flows. During 2022, she served as Lead Researcher on the Presidential Climate Finance Task Team, and its work on South Africa’s Just Energy Transition Partnership and Investment Plan. Her PhD, from the University of Sussex, focused on role of financial sector in sustainability transition processes. She founded Rabia in May 2021. Chantal also serves as a non-executive Director of the Development Bank of Southern Africa.
Non-Executive Director
Jeremy Foss holds a Master of Science in Development Finance from the University of Manchester and has extensive experience working across Africa’s infrastructure and energy sectors. With a strong network spanning public and private financial institutions, he plays a key role in advancing energy-related projects across the region. He is the Director and Head of the Project Finance Team at Globeleq Africa, where he leads efforts in raising and deploying concessional and commercial capital for utility-scale energy projects. Previously, he served as an Associate in Debt Products within Investment Banking at Standard Bank London.
Non-Executive Director
Judy Beaumont holds an M.Phil. in Environmental Science, a B.A. (Hons) in African Studies, and a B.A. in English & Industrial Psychology from the University of Cape Town. With 30 years of experience in environmental sustainability, ocean and coastal management, and climate change response, she is currently a part-time Director at the International Ocean Institute of Southern Africa. Previously, she served in the South African Government, leading initiatives on marine and coastal legislation, expanding marine protected areas, growing the blue economy, and coordinating the National Antarctic Programme. She also provided leadership on national climate change policy. Judy has represented South Africa in multilateral environmental negotiations, including the UN Framework Convention on Climate Change (UNFCCC), the UN Environment Programme (UNEP), and the UN Commission on Sustainable Development (CSD), contributing to global environmental policy and sustainability efforts.
Non-Executive Director
Dr Seeraj Mohamed has worked as an economist, academic, and policy activist for three decades. He has built strategic research programs to advance a developmental role for and inclusivity in the financial system. He has a PhD in economics from the University of Massachusetts, Amherst, USA. He is currently Deputy Director: Economics in the South African Parliamentary Budget Office and an Adjunct Professor in the School of Government at the University of the Western Cape. His work is focused on economic development and macroeconomic and financial analysis having also extensively published on macroeconomic policy and South Africa’s financial history.
Non-Executive Director
Vikas Mehta is the Founding Executive Director of the SED Fund. The SED Fund enhances clean energy access in South Asia through strategic support and funding to communities, think tanks and enterprises. As Executive Director, Vikas manages new portfolio and capacity development, and global strategic initiatives for the Fund.
Our advisors, senior associates, and staff bring their unique skills and experience to Rabia's projects.
Social Justice Lawyer
Ailly has four years of experience covering criminal litigation, energy regulation and policy development, and social justice. Her work at Rabia is concentrated on Article 2.1c and how it relates to equity, climate risk assessment, and its social consequences, assessing national and international frameworks on just transitions and integration of just responses into the mandates of financial sector actors. Ailly has a Bachelor of Laws degree from the University of Namibia, and a Masters in international oil and gas law and policy, from the University of Dundee, Scotland. Her prior experience includes regulation and compliance for the Ministry of Mines and Energy (Namibia), research for the African Energy and Mineral Management Initiative (AEMI); and serving as a state prosecutor at the Ministry of Justice (Namibia). Ailly is passionate about climate finance policies that speak to the needs for Africa and promoting global South voices in the climate change space.
Lead People & Culture
Fatima is a facilitator and people specialist with more than 25 years’ of experience working with Organisations and teams, in the private and non-profit sectors. She is a certified Culture Talk partner who supports Rabia as Lead People and Culture in fostering a collaborative culture that empowers people to take ownership and realize their potential. With a sound understanding of employment law, she develops frameworks that promote fair people practices and support Rabia’s goals. Fatima has a bachelor’s degree in industrial Sociology from the University of Witwatersrand and a Postgraduate Diploma in Human Resources Management from the Wits Business School. Passionate about making a difference, she facilitates meaningful conversations that keep us moving forward. A lover of words and how people connect, she enjoys getting lost in a good book, often about people connecting.
Operations Manager
Nerissa Moodley is Rabia’s Operations Manager and an independent consultant with expertise in governance and risk matters. She has almost 30 years of experience in the Corporate and Investment Banking Sector. Her professional development includes a Diploma in HR Management and Practices from IPM, Programme in HR Management (UNISA), completed the Leadership Programme for Standard Bank Management at the Global Leadership Centre. Nerissa has accumulated extensive knowledge and experience in Human Resource Management, Business and Change Management, Management of Employee Stock Ownership Plans, Benefits and Rewards Specialisation and Governance and Compliance matters at Board level. She is also an entrepreneur, founder and owner of an ECD centre. She has a passion for people, developing potential, is adept at working in both the private sector as well as in the public space. Nerissa enjoys going for long walks, travelling, sightseeing, and spending quality time with her family.
Political Economy Analyst
Patrick is an energy policy and political economy analyst with five years of experience in renewable energy and climate policy research projects, as both a researcher and project manager, working in Europe and South Africa. His research at Rabia covers the just energy transition, Article 2.1c and its relationship with equity and justice, climate data gap analysis, and data technology options for central banks. Patrick holds an MSc in Development Studies from the London School of Economics, where his thesis looked at the changing nature of the Mineral Energy Complex in the context of South Africa’s energy transition, and a BA in Political Studies from the University of the Western Cape. Patrick’s prior experience was as a parliamentary researcher assessing various energy and economic policies, including the economic impact of new coal plants. At Climate Strategies a research network based in Europe, where he worked on research and stakeholder engagement projects focussed on just transitions and the decarbonisation of industry. In his free time, Patrick enjoys spending time outside, either enjoying Cape Town’s mountains or its beaches.
Economist
Yasmin is a financial economist with two years’ experience covering the private and public sector, particularly supporting the modelling of socio-economic and financial economic projects for the renewable energy sector and just transition. Their work at Rabia focuses on transition risk facing coal-dependent countries, climate risk for financial actors with a focus on energy transition dynamics, and climate data gap analysis for central banks. Yasmin has a Masters in economics from the University of the Witwatersrand specialising in capital flows and public economics. Their thesis focused on analysing the response of capital flows in South Africa to economic factors such as a change in the fiscal deficit. Yasmin is passionate about uncovering what is needed to create equitable development across the African continent and believes that the energy transition provides an avenue through which this can be achieved.
Communication and Administration Officer
Zandile is Rabia’s Communications Officer and Office Administrator, with seven years’ experience in public, private, and non-profit sectors. Her work involves amplifying the key research and community outreach content of Rabia through social media and developing content for the website and related public platforms, including stakeholder management. She is also responsible for the daily management of Rabia’s office in Rosebank. Zandile holds a BA degree in Public Management and Governance from the University of Johannesburg, as well as a certificate from the National School of Government in the 'Breaking Barriers to Entry into the Public Service' programme. Zandile interned at the National Department of Social Development in Stakeholder Management and Donor Coordination and as executive personal assistant to the Chief of Staff for the Ministry of Women in the Presidency. She has also worked in the Higher Education and Training sector at the University of Johannesburg, both in the Finance department and as an administrator in the Student Life and Governance department. Zandile enjoys watching documentaries and reading biography books.
Dr Chux Daniels is a Research Fellow in Science, Technology and Innovation (STI) Policy at the Science Policy Research Unit (SPRU), University of Sussex Business School, United Kingdom, where he leads the Transformative Innovation Policy Consortium (TIPC) research and policy engagements on Africa. At Rabia, Dr Chux Daniels serves as an advisor. He is also the Director of the Transformative Innovation Africa Hub (TIAH), a Senior Fellow at Future Africa, University of Pretoria, and a Visiting Professor at the Graduate School of Technology Management (GSTM), also at the University of Pretoria, South Africa. His research interests and topics include STI, public policies, digitalisation, transformation, sustainability and climate change, the SDGs, capabilities, and political economy. He is widely published on these topics. Besides his academic activities, he is actively involved in STI policies and policymaking. He has delivered innovation and policy projects for several governments and organisations including the African Union, UN (UNTAD, UNTB, ESCAP, DESA, UNESCO), European Commission, and the World Bank. Dr Daniels holds a PhD in Science and Technology Policy Studies from SPRU, University of Sussex, UK.
Fadhel Kaboub is an Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity. He has held research affiliations with the Levy Economics Institute, Harvard’s John F. Kennedy School of Government, the Economic Research Forum, Power Shift Africa, the African Forum on Climate Change, and the Center for Strategic Studies on the Maghreb. Fadhel is the author of Global South Perspectives on Substack and serves on multiple expert groups, including the Independent Expert Group on Just Transition and Development, the Global Solidarity Levies Task Force, and the Earth4All Transformational Economics Commission. He recently served as Under-Secretary-General for Financing for Development at the Organisation of Southern Cooperation. His work focuses on Just Transition, Climate Finance, and reforming global trade, finance, and investment to promote sustainable and equitable prosperity.
Kamleshan Pillay is the director of Adaptive Management and Finance, a specialist consultancy focused on climate finance based in South Africa. During his career, Kamleshan has had the opportunity to undertake climate change projects for the South African government (Department of Environmental Affairs), the Norwegian Government (Climate and Environment Department (KLD), Ministry of Foreign Affairs), International Organizations such as UNIDO, SADC, UNDP, and major donor entities such as NORAD, IKI and the IDRC. Kamleshan holds an MPhil from the University of Cambridge and is currently completing his PhD specialising in Climate Risk and Adaptation Finance from the University of the Witwatersrand in Johannesburg.
Kim Adonis is an economist that has worked as a trusted advisor to governments, regulators, companies and donors for 18 years. Kim is a passionate advocate for socio-economic development in Africa, and for the development of the economics profession in South Africa. Kim specialises in quantifying socio-economic impact in a range of sectors, including: energy, water & sanitation, transport, logistics, urban & built environment, aviation, oil & gas sectors, agriculture & agribusiness, manufacturing. She has worked on projects across 10 countries in Africa. She holds a Master’s degree in economics and is the Executive Secretary of the Economics Society of South Africa.
Lawrence Madzwara is a financial engineer, consultant, quantitative researcher, and author with more than 20 years of experience in financial markets. He has held various roles including trader, CEO, trainer, and consultant. Lawrence specializes in Quantitative Trading & Portfolio Optimization, as well as Mathematical & Machine Learning Research. He holds a Bachelor of Science in Physics and Geophysics from the University of the Witwatersrand. Lawrence has worked at Nedbank as the Head of Global Credit Derivatives & Product Development, including Islamic Finance. He also focused on Interest Rate Derivatives and Currency Options/Forwards as a Quantitative Dealer. Additionally, he served as the Chief Executive for Legae Securities and the Chief Technical Officer for Elezean Institute. Lawrence is interested in the impact of machine learning and AI on companies and the world of work.
Matt Huxham is a Director of Climate Transition Analytics at global insurance broking and consulting firm WTW. Matt works with Rabia to support public sector partners in the SADC region on issues of climate transition risk, macroeconomics, and financial regulation. At WTW, he leads a consulting practice that provides advice to governments, central banks, and financial supervisors on climate risk. Matt’s team helps its clients identify, measure, and manage transition issues: at local level, within national economic and financial systems and in international trade and geopolitics. He is currently working with clients in Latin America, Africa and South-East Asia. Prior to joining WTW, Matt was a Principal at leading climate non-profit Climate Policy Initiative, leading research on policy, regulatory, and financing options for lowering the cost of decarbonising electricity and industrial sectors. By training, Matt is a trained accountant and credit risk specialist, with previous roles at Moody’s Investors Service and Royal Bank of Scotland. He was also a senior adviser to the UK government on electricity market reform. Matt holds an MA (Oxon) in Russian and Linguistics from the University of Oxford and an MA in Modern History from University College London.
Penny Winton has wide-ranging experience in development, climate, project finance, and the energy sector. She has over 40 years of experience, largely in the public utility energy sector (Eskom Treasury), where her expertise, amongst others, covers money and bond markets (local and international), interest and foreign exchange risk management, governance, financing, and private sector de-risking instruments. She led negotiations in excess of 7bn whilst at Eskom. She was a member of the 1st accreditation panel of the Green Climate Fund, working on the accreditation framework and accreditation of public and private entities. Penny worked as an independent member of the Presidential Task Team on Climate Finance. She currently represents SANEA as an observer to the Climate Investment Fund. She hopes to facilitate an improved understanding of what constitutes public versus private finance and associated de-risking mechanisms and to encourage conversations on the financial ecosystems the world needs to shift to a more just and inclusive society.
Pierre Monnin is a Senior Fellow at the Council on Economic Policies (CEP) and a Visiting Professor in Practice at the Grantham Research Institute on Climate Change and the Environment in the London School of Economics and Political Science. His work focuses on monetary policy, financial regulation, and their links with environmental and social sustainability. Prior to that, he was with the Swiss National Bank (SNB) in various roles for ten years – with a focus on financial stability and macroprudential policy as well as on financial markets developments. He also worked at Man Investments, developing asset allocation strategies for alternative investments, and was a Lecturer in international money and finance at the University of Neuchatel. He holds a PhD in Economics from the University of Zurich, a MSc in Economics from Queen Mary, University of London, as well as a MSc in Statistics and a BA in Economics from the University of Neuchatel.
All content and images subject to copyright. Unauthorised redistribution prohibited.
·
Privacy Policy
·
Company: 2021/613641/08 · Public Benefit Organisation: 930074327 · BEE
Level 1 Contributor
Website by
Entle