Standard Bank's Commitment to Climate Transition in an African Context
Africa's leaders know that transitioning to a low-carbon environment presents a unique set of challenges across the continent. Standard Bank’s Chief Executive of CIB, Kenny Fihla, has a deep understanding about what is required for a just transition. He spoke at length with Teresa Clarke of AFRICA.COM about the group’s commitment to climate transition in an African context.
Interview Highlights:
- Africa’s transition away from carbon-based growth will not be politically or socially sustainable unless it is perceived by Africans as fair, and unless it offers people pathways to better and more prosperous lives.
- Africa’s growing urban populations will require a reliable and sustainable energy supply to power industrial production, electrify more households and expand the use of transport, to drive socio-economic development.
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