Q&A: A sustainable approach to urban development
Banks in KwaZulu-Natal have tightened environmental, social and governance standards
02 May 2025 - 05:00
From rapid urbanisation and inner-city decline to overstretched infrastructure and negative externalities such as congestion, pollution and urban sprawl, mounting pressures are forcing developers and municipalities to prioritise long-term sustainability in design and financing.
In KwaZulu-Natal this shift is already taking root. Banks such as Absa are making environmental, social and governance (ESG) compliance a nonnegotiable condition for commercial property loans...
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