Financing Fairly Sustainability Report 2020

The report evaluates the DBSA and IDC using the Fair Finance Guide International (FFGI) methodology, finding that both institutions lack strong policy commitments to a low-carbon transition despite their developmental mandates. The DBSA showed strength in nature and power generation policies but failed on climate change targets, while the IDC ranked lowest among six assessed DFIs due to a critical lack of publicly available policies.

• The European Investment Bank (EIB) ranked highest among the six assessed DFIs, while the Industrial Development Corporation (IDC) ranked last, achieving only "minimal scores for the assessed themes."
• The DBSA's low overall score is primarily driven by a failure to align its public policies with international climate change standards, specifically lacking measurable targets for its own greenhouse gas emissions, financed emissions, or a carbon-neutral portfolio.
• There is a contradiction in the DBSA's approach to energy: while it demonstrates a strong commitment to financing "green energy" and renewable generation, it has not established a clear policy shift away from financing fossil fuels like coal.
• The IDC's poor assessment performance is largely attributed to a lack of transparency, as it failed to make formal policies—including its Environmental and Social Policy and Responsible Investment Policy—publicly available.
• Analysis of IDC investments for FY2018/19 shows that while over 20% of R11.7 billion in funding went to renewable energy-related industries, at least 14% was directed to coal-related activities and nearly 3% to oil and gas.

APA

Halim, D., & Omar, Z. (2020). Financing Fairly Sustainability Report 2020. Centre for Environmental Rights. https://cer.org.za/wp-content/uploads/2020/05/Financing-Fairly-Report-and-Assessment-2020.pdf?x21779

Chicago

Halim, Daiyaan, and Zahra Omar. Financing Fairly Sustainability Report 2020. Centre for Environmental Rights, 2020. https://cer.org.za/wp-content/uploads/2020/05/Financing-Fairly-Report-and-Assessment-2020.pdf?x21779.

Wikipedia

{{cite report |last1=Halim |first1=Daiyaan |last2=Omar |first2=Zahra |title=Financing Fairly Sustainability Report 2020 |publisher=Centre for Environmental Rights |date=2020 |url=https://cer.org.za/wp-content/uploads/2020/05/Financing-Fairly-Report-and-Assessment-2020.pdf?x21779 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{halim2020financing, author = {Halim, Daiyaan and Omar, Zahra}, title = {{Financing Fairly Sustainability Report 2020}}, institution = {Centre for Environmental Rights}, year = {2020}, url = {https://cer.org.za/wp-content/uploads/2020/05/Financing-Fairly-Report-and-Assessment-2020.pdf?x21779}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }