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Going Green In Africa Equals High Rate of Return, Bank Says

Going Green In Africa Equals High Rate of Return, Bank Says

From Ghana Business News.

African policymakers have been deterred from choosing environmentally sound options because the costs are higher up front and the benefits to human welfare are undervalued, according to a report by African Development Bank.

For Africa in particular, favoring environmentally sustainable policies provides a high return of investment, the bank said.

Green investments in Africa and Africa’s transition to environmentally friendly economies will be topics this week at African Development Bank’s annual meeting in Marrakesh,  according to a report in Ghana Business News.

Investing in Africa’s green growth will help expand the continent’s economy, the bank said in the 11th edition of the Gender, Poverty and Environmental Indicators on African Countries.

Read more at Ghana Business News.