Nedbank Innovation through Green Investment
Kenya Bankers Association
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Abstract: This case study seeks to document this issue and its origination, from conceptualization to the point at which it went to market. Of significant interest are its critical success factors, and how Nedbank was able to innovate in a virgin environment that did not have all the conventional prerequisites for a Green Bond issuance in place, but also lacked a precedent against which it could benchmark in South Africa. It also examines how private sector players can leverage existing government programs and non-state initiatives to craft capital market instruments that allow investors to underwrite not just sustainable financial returns, but also a sustainable society, in line with the United Nations’ Sustainable Development Goals (SDGs).