Green Financing: Importance Of Financing A Sustainable Future

Experts have called for sustainability financing to combat the looming impact of climate change on Nigeria.

Sustainable development is a holistic approach in the three areas: economic, social, and environmental aspects of developments. As humanity faces numerous sustainability challenges, the planet is being affected by climate change, change in land use, depletion of natural resources, and a biological loss.

Sustainable development means having resources like food, water, and health care without overstressing the earth’s natural processes.

Sustainable finance provides a vital framework for companies to transform to a green and equitable future.  This is an increasingly important component of investors/banks’ risk management policies.

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It also includes impact investments and socially responsible investments by integrating social and environmental considerations in financial decisions and performance.

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