How to drive social impact through green financing
Tuesday August 03 2021
National Treasury and Planning principal secretary Julius Monzi Muia (L), Kenya Bankers Association (KBA) director of communications and public affairs Nuru Mugambi and National Treasury and Planning senior policy advisor, climate finance during a breakfast event at the Intercontinental Hotel in Nairobi on October 3, 2019 to mark Kenya’s first ever certified corporate green bond. FILE PHOTO | NMG
By JONATHAN MUGA
Summary
While there are great projects funded by green bonds globally, Africa presents an untapped potential, with a lot of its infrastructure projects still at the budding stages.
The need for investors to put money in environmental and social projects represents the shift in the investment markets as conscious investors seek to play their part in responding to climate change.