On Tuesday 1st February, after years of delay, France’s Total and China’s CNOOC Ltd signed the Final Investment Decision (FID) to proceed with the East African Crude Oil Pipeline (EACOP) project. While heralded by the project proponents as a major breakthrough, the project is yet to secure all of the required financing. Now, four out of five of South Africa’s largest lenders … [Read more...]
German bank funding deforestation in Cameroon
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...]
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...]
