COP27, Environment, Feature Story / November 2, 2022 / By ADC Editor Read the full story here: https://www.africa.com/reimagine-governance-of-the-commons-women-communities-as-restoration-leaders/
November 17 2022 Climate activists are up in arms following a statement made by African Development Bank President, Akinwumi Adesina, at COP27, indicating that Africa “must have gas to complement renewable energy”. Read the full story here” https://www.environewsnigeria.com/activists-call-out-afdb-president-over-statement-in-support-of-fossil-gas-expansion-in-africa/
On Thursday, at the UN Climate Talks, the Fair Finance Coalition of Southern Africa (FFCSA) revealed the findings of an assessment of the policies of six public finance institutions (PFIs) in Africa. The institutions assessed by the FFCSA include the Development Bank of Southern Africa, Industrial Development Corporation, New Development Bank, African Development Bank, Export…
Sharm el-Sheikh — The science is clear – using fossil fuels is pushing us beyond the planet’s ability to sustain life. Experts say there are nine planetary boundaries we need to respect for life on earth to continue but despite all these dire predictions, governments and multinationals are still pouring millions of dollars into fossil…
Channel Africa / 2022-11-16 The UN Climate Talks, the Fair Finance Coalition of Southern Africa (FFCSA) revealed the findings of an assessment of the policies of six public finance institutions (PFIs) in Africa. The FFCSA undertook the assessment to urge PFIs to adopt more responsible and sustainable investment policies and practices towards becoming more transparent…
Business Report (The Star) / 2022-11-14 RENEWABLE ENERGY C0P27: S Africa is cettinc R7.2bn investment boost for its Ante sector solar and wind ceneration projects THE EUROPEAN Investment Bank EIB and the Development Bank of Southern Africa DBSA formally agreed EIB financing that will back a new targeted financing programme to unlock €400 million, or…
Business Report (The Star) CONTROVERSY AT C0P27 Fair Finance shames AfDB, MC, PIC over fossil fuels _Report found that there were 782 fossilfuel projects in operation or under construction in Africa between 2016 and 2021 SIPHELELE DLUDLA siphelele.dludla@inl.co.za DEVELOPMENT Finance Institutions DFIs in southern Africa are pouring significant amounts of money into fossil fuels exploration…
(Business Report – The Mercury) FINANCING Concern mounts as 34 inks new IllObn loan for Just Transition SIPHELELE DLUDLA siphelele.dludla@inl.co.za ACTIVISTS and analysts have expressed growing concern about South Africa’s increasing loans to fund its Just Energy Transition Programme JETP following more than R10 billion in loans from European countries. FINANCING Concern mounts as 34…