Africa favorable for green businesses – UN report

Africa’s private sector can bolster its green agenda and drive increased GDP, higher income per capita, create tens of millions of jobs, and foster collaboration between governments, businesses and local communities according to a comprehensive study published today by the UN Environment Programme (UNEP).

The report stated that five key factors drive Africa’s investment appeal: its dynamic economic landscape, youthful demographics, climate change challenges that offer opportunities to transition to net-zero emissions, digital transformation potential and the possibility to leverage the environmental, social and governance (ESG) framework for sustainability by embedding the three ESG pillars in corporate strategies, operations and fnancial reporting.

Source: New Business Ethiopia