Sustainable finance crucial in combating climate change woes

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Delegates follow proceedings at KICC in Nairobi on September 5, 2023 during the Africa Climate Summit. PHOTO | EVANS HABIL | NMG

The world of finance is undergoing a transformative shift, one that extends beyond the traditional realm of profit margins and balance sheets. Today, finance is increasingly becoming a force for good, a catalyst for sustainable development, and a key player in the fight against climate change.

At the heart of this shift lies the integration of sustainability principles into financial strategies, epitomised by innovative instruments such as sustainability-linked loans and green bonds.

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