For the second time in 12 months, Deutsche Bank is about to violate its own Environmental and Social Policy Framework. By mid-2021, the bank is expected to transfer the second tranche of a 25m USD loan to Singapore-based rubber giant Halcyon Agri, knowingly overlooking its record of human rights violations, non-transparency, and some of the most devastating deforestation in … [Read more...]
Ecological Infrastructure for Water Security project launched in Joburg
The Minister of Environmental Affairs Dr Edna Molewa and the Minister of Water and Sanitation Gugile Nkwinti will be at the launch of an $7.2 million (approximately R90 million) worth Ecological Infrastructure for Water Security project in Johannesburg on Thursday, 31 May 2018. This five year investment from the Global Environment Facility (GEF) together with considerable … [Read more...]
Electrifying Africa: the hunt for the off-grid solution
Worldwide 1.1 billion people continue to live without access to electricity. More than 95% of those without access to electricity live in sub-Saharan Africa and developing Asia. While progress is being made, rapid population growth continues to challenge that progress. Perhaps needless to say but the most significant depravation is amongst rural communities. The … [Read more...]
Helping underprivileged learners in SA find their way
“Real change only comes from being actively involved in communities and the environment.” This was proven by an inspiring story where a powerful corporate company reached out to a struggling school and more than transformed it into a shining example of success, but also spirited it into a leadership position inspiring other schools to follow. I am talking about Nedbank’s … [Read more...]
Campaign demands banks stop financing fossil fuel projects
Climate change movement 350Afrca.org recently launched its Fossil Free Africa campaign, with a call on ‘dirty banks’ to fully disclose their fossil fuel investments and commit to stop financing future mining, refinery and power station projects in South Africa and across Africa. Activists protested outside the headquarters of Nedbank in Sandton, Johannesburg citing the … [Read more...]
