Be deliberate about financing renewable energy and sustainability-focused projects KPMG Ghana urges banks [Video]

Kenneth Agyei-Duah, a manager in the Governance, Risk, and Compliance (GRC) Services at KPMG Ghana has urged banks and other financial institutions to be deliberate about financing projects which factor environmental, social, and governance considerations.

Speaking during the UK-Ghana Chamber of Commerce and KPMG Ghana Environmental, Social, and Governance (ESG) webinar series on “Financing the Sustainable Future”, Mr. Agyei-Duah remarked that, “If we’ll be in a position to finance the sustainable future, a lot hinges on the actions of financial institutions, and it requires a lot.”

But, according to him, the Government of Ghana, the Bank of Ghana, the Ghana Stock Exchange, and the Securities and Exchange Commission have provided clear guidelines and regulations to guide financial institutions and other businesses on sustainable financing in Ghana.

“So, with the backing of the regulators, it now becomes imperative for our banks to take deliberate actions towards financing projects within the renewable …