12/17/2020
Germany, Sweden, others donate $90million towards sustainable energy fund for Africa – AfD
AfDB has announced a new $90million donation from Germany, Sweden, others for sustainable energy in Africa.
ESG
12/16/2020
South Africa’s Biggest Energy Refinancing Deal Cuts Power Costs
Eskom, South Africa pushing for lower renewable energy prices
12/16/2020
Beyond ‘net zero’
It’s a sobering reminder that, five years after the landmark Paris Agreement on climate change was signed, we’re still worse off than we were back then, and our chances of reversing course keep getting slimmer.
12/14/2020
Climate change and emerging markets after Covid-19
Emerging economies are much more vulnerable to rising global temperatures than their advanced counterparts.
12/11/2020
S. Africa's Standard Bank won't fund new coal power plants, but sticks with coal mining Author of the article:
The bank justified its continuing financing of thermal coal extraction by saying most of Africa’s electricity is still generated by burning coal.
12/10/2020
S.African insurer Sanlam sees challenging environment ahead
The company said HEPS rose by 4% for the 10 months ending Oct. 31, with the operating environment improving since June as governments eased coronavirus curbs, supporting sales from Sanlam’s traditional life insurance distribution channels.
12/09/2020
IRENA and African Development Bank partner to scale up renewables investments in Africa
The Bank's partnership with IRENA will support Africa's energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030." - Bank VP Kevin Kariuki
12/06/2020
African states lack funds to provide green energy
The shortage has reached acute levels in many of the 20 High Impact Countries across Africa and Asia with the largest access gaps that the reports track using the latest available data from 2018, including Angola, the Democratic Republic of Congo, Ethiopi
12/04/2020
Nedbank comes out on top in ESG rating
The JSE Finance Sector constitutes 10 percent of the total market capitalisation of all JSE-listed companies, contributing 20 percent to gross domestic product and 15.6 percent to employment.
12/01/2020
The Global Sustainable Competitiveness Index 2020
Country performance is commonly expressed in GDP – but GDP numbers fail to reflect the underlying elements that shape the development of a country.
11/30/2020
Climate change - The low-carbon transition
These policy shifts will drive major changes in business across entire value chains from product design to production, distribution and recycling.
11/22/2020
Kenya, Britain $11m climate change war chest ahead of Glasgow meeting
Kenya, a sustainable development powerhouse with an ambitious NDC target to reduce emissions by 30 per cent by 2030, had in earlier negotiations with UN Development Programme led by Resident Representative Walid Badawi, been challenged to set higher targe
11/16/2020
Join hands for a strong global recovery from COVID-19, urges African Development Bank President
Adesina highlighted a number of disparities that the pandemic has laid bare in Africa
11/16/2020
Green route may be among few financing options for government
Pandemic has strengthened the investment community’s commitment to ESG issues
11/10/2020
Corrected-S.African investors exit local coal project on climate concerns
Africa’s biggest CO2 emitter and one of the world’s top-ten coal producers had pledged to reduce emissions by more than one third by this year under the Copenhagen Accord
11/09/2020
Commitment to sustainability opening doors to post-pandemic capital in Africa
Access to funding is also becoming intricately linked to a commitment to ESG principles, with industrials looking at sustainability initiatives as a way to source capital for projects in Africa.
11/06/2020
Commitment to sustainability opening doors to post-pandemic capital in Africa
By Wildu du Plessis, Head of Africa, Baker McKenzie
11/05/2020
Covid-19 Has Added Impetus To Africa’s Sustainable Finance Market – Standard Bank CEO Sim Tshabalala
Against this backdrop, the growth of the sustainable finance market’s growth is being supported by the establishment of ESG linked funds, Sustainable Indices, and by an evolving regulatory environment.
10/15/2020
Appetite for ESG accelerates during pandemic: Royal Bank of Canada survey
This trend was also evident when respondents were asked about the ability of ESG integrated portfolios to generate long-term sustainable alpha and to mitigate risk.
10/14/2020
Unlocking Africa’s ESG potential
This gives rise to missed opportunities and stifles the ability of ESG investment to flow into projects in Africa