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Green finance-linked bankers bonus timely
President of the Republic of Congo Denis Sassou Nguesso (left), Senegal President Macky Sall (right) and Rwandan President Paul Kagame (Centre) follow proceedings at Kenyatta International Convention Centre Nairobi on September 5, 2023, during day two of the Africa Climate Summit 2023. PHOTO | DENNIS ONSONGO | NMG
A small but important step in the race to sustainable business and address humanity’s biggest threat was made this past week when banks announced they will start tying their bonus payments to green financing targets.
Over the decades, delegates have gathered in one summit after another and adopted ambitious targets backed by significant monetary pledges.