SUNREF – Encouraging green energies in South Africa
The French Development Agency (AFD) helps South Africa to meet the challenge of a green energy transition to take a sustainable development and growth pathway with the Sustainable Use of Natural Resources and Energy Finance project (SUNREF). SUNREF supports the private sector to seize the opportunities of this transition, and encourages local banks to finance it in a sustainable way.
SUNREF is a green credit line developed for companies by the Agence Française de Développement (AFD).
The project has been financed by AFD along with the South African ABSA, IDC and Nedbank between 2012 and 2015.