South African Banks will spend R700 Billion over the next 4 years on Sustainable Finance
Anneke Lund Executive Sustainable Finance at Standard Bank recently participated in an Energy symposium which put women at the centre of solving for South Africa’s energy crisis. Lund highlighted that South African Banks have publicly pledged to spend R700 Billion in aggregate over the next four years on Sustainable Finance. Standard Bank itself has committed to R250 billion rand over this time frame with a R50 billion rand target dedicated solely to renewable energy financing.