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...]
Investors pushing the drive to net zero
Ninety One has published the second edition of the Planetary Pulse survey, Investing for a Carbon Free World: What Investors Want. The survey of more than 6000 individual investors across ten markets (UK, Germany, Italy, Denmark, Sweden, South Africa, Singapore, Hong Kong, US, and Canada) found that investors are ready to support the drive to net zero, with half stating that … [Read more...]
Fellowships key to closing gap on SA skills shortages
The latest unemployment figures in South Africa are cause for concern. Among those, the growing number of graduates who are unable to find jobs in their chosen fields or, in many cases, are employed but not in the field they studied, is telling of an even greater challenge South Africa faces. The 2019 Post-School Education and Training Monitoring report sheds some light on … [Read more...]
Restoring natural landscapes through waste clean-ups
Since the start of the pandemic, South Africa has seen a significant increase in the volumes of medical waste and discarded personal protective equipment (PPE). While most parts of the country receive an adequate waste management service to discard medical waste and used PPE, some towns and communities are afflicted with piles of this waste stream from illegal dumping. “It … [Read more...]
Anthology paints provocative financial futures
As the world reassesses its future after a difficult 2020, a cast of unforgettable characters is ready to take society on a journey of enquiry into intriguing scenarios that will enable people to explore their future financial lives, vicariously, through story. The provocative Upshot anthology of thought-provoking fiction for financial reality, by a group of top fiction … [Read more...]
‘Protecting forever, together’ more important than ever
The Endangered Wildlife Trust (EWT) is proud to share with you their 2020 Integrated Report, which provides an overview of the EWT’s conservation impact throughout the region in the previous financial year. Here is the intro by EWT CEO Dirk Ackerman: 2020 will go down in the annals of history as the year of the pandemic, as COVID-19 dominated the news agenda. One of the … [Read more...]
Positioning South Africa for a green recovery
Following the devastating impact which the Covid-19 pandemic has had on South Africa and the world, governments, corporates, and citizens collaborate to focus on a green economic recovery. This is a result of the pandemic being inextricably intertwined with global environmental issues such as biodiversity loss, climate change, air and water pollution. The South African … [Read more...]
South Africans plan mass global demonstration
The immense socio-economic impact under one of the world’s most extreme lockdowns during the Covid-19 pandemic has resulted in South Africans uniting for their voices to be heard under a grassroots movement called Move One Million. The movement, launched in July 2020, has garnered interest from half a million South Africans to date and organisers are using a combination of … [Read more...]
Improve your energy efficiency this winter while keeping warm
South Africans can keep warmer, save money, and take pressure off the national grid by implementing simple low-cost energy saving measures. This call from Barry Bredenkamp, General Manager Energy Efficiency & Corporate Communications at SANEDI, (the South African National Energy Development Institute). “While South Africa has passed the winter equinox, meaning our days … [Read more...]
Women encouraged to become players in the energy sector
DMWA Resources, a pan-African energy marketing & investment holding, endorses the gender equity campaign, Equal by 30, which aims to encourage women in the clean energy sector to access equal pay, equal leadership and equal opportunities. Alongside 6 partner organisations, DMWA increases the total of signatories to 144, including 118 organisations, 13 partners and 13 … [Read more...]
Standard Bank tables first SA shareholder resolution on climate risk
Standard Bank’s Notice of Annual General Meeting, released on 17 April 2019, includes a resolution proposed by shareholders that would require the bank to prepare a report on its exposure to climate risk in its lending, financing and investment activities. This is the first time that a South African company has tabled a shareholder resolution on any climate-related issue. … [Read more...]
Replace shaky fossil energy with reliable sunlight
Eskom energy is shaky. First you have it, then you don’t. In the bigger scheme of things this is a good thing. We need to shift off fossil fuels anyway to save the climate. The more they charge us for energy, the better our motivation to take the plunge and do the sideways jump to renewables – essentially free power. Barring your installation of course. There is only one way … [Read more...]
The time has come for The Big Shift
Recent hurricanes in the Caribbean and the United States and devastating floods across South Asia are a stark reminder of the horrors that climate change will unleash if left unchecked. In 2016, World Bank President Jim Yong Kim said that inaction on climate change 'would spell disaster for us, for our children and for the planet.' And yet, the World Bank Group continues to … [Read more...]
