Progress in Green Economics

Case Studies In Green Banking

Author(s): Varaidzo Denhere *

Pp: 87-107 (21)

DOI: 10.2174/9789815050172122010008

* (Excluding Mailing and Handling)


This chapter begins with a presentation of the concept of sustainable
development as an outcome of the United Nations Conference on Environment and
Development (UNCED), named the Rio de Janeiro Earth Summit, held in 1992, to
reconcile worldwide economic development with the protection of the environment.
The concept was defined as the idea that human societies must live and meet their
needs without compromising the ability of future generations to meet their own needs.
It then goes on to investigate what banks could do to implement green economies, in
the context of Africa, specifically South Africa. It documents what top banks are doing
in this regard and also proposes what they could do better in the future. Green money is
both a driver and an outcome of the green economy, which is a circular process.

Keywords: Africa, Banking, Crisis, Finance, Green economy, Sustainable development.

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