SA’s green bonds show there are massive opportunities for growth
These securities complement the country’s policies and strategies on climate change
Climate change is widely acknowledged as one of the greatest long-term challenges facing humanity. To address this challenge, various high-level climate negotiations have taken place over the past decades to find solutions to accelerate adaptation and mitigation strategies.
The Conference of the Parties (Cop) has been at the forefront in the past decades of climate negotiations. After decades of back and forth it seemed like finally a breakthrough occurred with the 21st Cop, where the Paris Agreement was adopted in December 12 2015. The Paris Agreement has been regarded as historic because 195 countries unanimously agreed to limit global temperature increase well below 2°C. However, as ambitious as this agreement was, billions of dollars in investments are required to ensure that every country, particularly those in the global South, have the resources to step up and contribute towards combatting climate change...