Africa has not been left behind in the sustainable finance agenda, but much more remains to be done. The need for sustainable finance is therefore critical and immediate for African countries as they battle the scourge of climate change and meeting foundational development needs. African banks are also committing to global sustainable finance initiatives. A regional programme will be launched in Geneva, through which African centres can leverage global knowledge to scale up sustainable finance in their respective jurisdictions. Though this is a welcome move, Africa must customise its sustainable finance vision to fit its own local circumstances.

Source: The Star January 15, 2020 01:00 UTC