“Financing Fairly Assessing the Sustainability of Investment Policies for Development Finance Institutions in South Africa” May 2020

Investment policies of South African development finance institutions the Industrial Development Corporation (IDC) and the Development Bank of Southern Africa (DBSA) not only fall short of international social, environmental and governance standards but are not yet being deployed to support a just transition towards a climate-resilient future.

This is the key finding of a report released by the Centre for Environmental Rights (CER) today, entitled “Financing Fairly: An Assessment of the Investment Policies of Development Finance Institutions in South Africa”. This report benchmarks the finance and investment policies of the Industrial Development Corporation (IDC) and the Development Bank of Southern Africa (DBSA) against international social, environmental and governance standards and in relation to peers from around the world.