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Billions of dollars being used to fund coal power in Africa and Asia

Envirotec Magazine

Commercial financial institutions worldwide continue to support coal power plant development indirectly, despite having implemented policies to exclude direct financing of new coal-fired generation assets.

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ESG Explainer: Electrifying Africa

Chris Hall

When Ninety One took over as manager in 2016, around half of EAIF’s US$679 million portfolio was in electricity; with slightly more than a quarter in renewables. billion in assets, with just under 60% invested in power – 60% of this in renewables. . It now has more than US$1.3