BSE’s green listings drive garners interest
Monday, April 24, 2023 | 210 Views |
Seeing green: Sustainable bond listings will support the country's push for renewable energy projects PIC: PVMAGAZINE.COM
Despite containing some of the world’s most climate vulnerable countries including many with the least electricity generation, Sub-Saharan Africa currently has about $1.4 billion in sustainable or green bonds, or less than one percent of the global total.
Much of Sub-Saharan Africa’s issuances have come from South Africa, which boasts the continent’s most sophisticated financial market. The BSEL, however, has been ramping up various initiatives to attract green bond listings, including becoming the third out of four stock exchanges in Africa to have published ESG Disclosure Guidelines.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...