
African insurers link US$52bn in assets to ESG targets, report finds
The Nairobi Declaration on Sustainable Insurance outlines ESG-linked assets, product development, and governance trends across Africa.

The Nairobi Declaration on Sustainable Insurance outlines ESG-linked assets, product development, and governance trends across Africa.

The FSCA’s Sustainable Finance Programme seeks to harmonise local markets with global ESG standards – focusing on taxonomy, disclosure, reporting and investor education to bolster climate resilience.

A survey indicates that while a majority of investment providers incorporate ESG considerations, hurdles such as inconsistent ratings and greenwashing remain.