IFC provides Nedbank with $200m for SA green projects

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By Silas Brown
21 Dec 2020

The World Bank’s IFC has provided a $200m loan to Nedbank, which is part of a broader attempt to help South African banks grow their green finance operations.

The $200m loan will help Nedbank grow its climate portfolio by funding renewable energy projects.

“While the immediate future calls for solutions to the economic damage caused by Covid-19, it is critical that we take this opportunity to re-think the structure of our economies, to build a fairer, more ...

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