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Financing Fairly Report & Assessment 2020

Wednesday, May 20, 2020

Fair Finance International partnered with CER to conduct the Financing Fairly Report & Assessment 2020 of the sustainable development and corporate social responsibility commitments of the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA), the European Investment Bank (EIB), the Netherlands Finance Development Company (FMO), the Industrial Development Corporation (IDC) and New Development Bank (NDB), using the Fair Finance Guide methodology developed in cooperation with Profundo. These DFIs were assessed under 7 themes - transparency and accountability; climate change; corruption; human rights; gender equality; health; and nature – in both the financial and power generation sectors. Results show that the investment policies of two prominent South African Development Finance Institutions (DFIs) fail to meet international Environmental , Social and Governance (ESG) standards.  

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