Sustainable Finance and Banking in Africa

Lordina Amoah (), Gloria Clarissa O. Dzeha () and Thankom Arun ()
Additional contact information
Lordina Amoah: University of Ghana Business School
Gloria Clarissa O. Dzeha: Central University
Thankom Arun: Essex University

Chapter Chapter 12 in The Economics of Banking and Finance in Africa, 2022, pp 405-429 from Palgrave Macmillan

Abstract: Abstract The Sustainable Developmental Goals still seem far-fetched in most African countries. This has been worsened by the COVID-19 pandemic. One of the key challenges identified is financing. Expected public finance is hardly sufficient and there is the need to scale up private finance to bridge this gap. The prominent role financial institutions play in driving sustainable development has made them key actors, leading to a vibrant discussion on sustainable finance and banking. This study explores sustainable finance and banking in the African context. It provides insights into key trends in the area of policies, practices and challenges of sustainable finance and banking in Africa. Financial sector leaders need to explore complementary financing options like green bonds and adhere to international best practices in sustainable finance and banking. It is expedient for these countries to develop national policy measures to spearhead the advancement of a green financial sector.

Keywords: Sustainable Finance; Sustainable Banking; Africa (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-04162-4_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031041624

DOI: 10.1007/978-3-031-04162-4_12

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().