The Development Bank of Southern Africa — one of the shining lights in the failing state-owned enterprise landscape — plans to migrate more of its portfolio towards the just energy transition.
DBSA CEO Patrick Dlamini said during a briefing to parliament’s finance committee on Wednesday that the DBSA would have to migrate its portfolio to achieving the just transition and the aim of net-zero emissions by 2050. Over the last six years, the DBSA has raised $1.6bn in green funding from international financial institutions and had a total exposure to renewable energy in SA of R13.8bn by the end of January...
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