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COP27: Banks must ‘change their view on risk’ to enable climate finance

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Nedbank sustainability head says SA’s investment plan has been well received but a lot of work remains to tie down funding

The magnitude and type of financing that will be needed to pay for climate change and mitigation will require of financial institutions to adopt a new approach to risk.

This is according to Brigitte Burnett, head of sustainability at Nedbank, who is attending the COP27 UN climate change conference in Egypt this week...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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