Climate finance committed by major multilateral development banks (MDBs) rose in 2021 with over $19 billion committed to climate change adaptation finance, according to the Joint Report on Multilateral Development Banks’ Climate Finance, published on Friday. The report tracks the progress of MDBs in relation to their climate finance targets such as those announced at COP21 and…
South African-based global energy and chemicals company Sasol and steel company ArcelorMittal South Africa (AMCO) have signed a Memorandum of Understanding (MoU) to cooperate on green energy development and the decarbonisation of the manufacturing industry during the African Energy Week in Cape Town. Signed by Priscillah Mabelane, Executive Vice President at Sasol and Aldridge Louis,…
The African Development Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is launching its second call for proposals for the Women Entrepreneurship Enablers program, targeting women’s business associations, incubators, accelerators, women-led cooperatives, and civil society organizations that promote the development of women entrepreneurs on the continent. AFAWA is offering grants of up…
The General-Secretary of the United Nations (UN), Mr António Guterres, believes parliaments across the world have an important role to play in the global effort to achieve the Sustainable Development Goals (SDGs) and build a better world. Delivering a video message at the opening of the G20 Parliamentary Speakers’ Summit in Jakarta, Indonesia, yesterday, the…
Zimbabwean president Emmerson Mnangagwa has announced that the new royalties policy that requires mining companies to pay in cash or refined mining products starts this month, October 2022. A royalty is the right to compensation that is based on a portion of the minerals or other products produced at a mine or of the income…
AngloGold Ashanti has released a carbon emissions reduction target that aims to achieve a 30% absolute reduction in its Scope 1 and 2 Greenhouse Gas (GHG) emissions by 2030 through a combination of renewable energy projects, fleet electrification and lower-emission power sources. The company, which has reduced its absolute GHG emissions by more than two…
Amazon.com says it will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across Europe, accelerating its drive to achieve net-zero carbon. The retailer said the investment was also aimed at spurring innovation across the transportation industry and encouraging more public charging infrastructure…
Vodacom South Africa’s Midrand campus will add power generation infrastructure to their massive headquarters with solar photovoltaic (PV) panels installed as part of the telco’s sustainable strategy around energy management. This solution will allow Vodacom’s headquarters to generate around 10.8 gigawatt-hours (GWh) of its own clean power every year, which is roughly 21% of the…
Global mining giant Rio Tinto has announced that its mineral sands operations Richard’s Bay Minerals (RBM) , located in KwaZulu-Natal, South Africa, will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment (BEE) partners. Under the agreement, Voltalia will begin construction of the Bolobedu Solar…
Poet Amanda Gorman performed “An Ode We Owe” at the United Nations on September 19, 2022. Gorman unveiled a new poem, “An Ode We Owe,” for the United Nations General Assembly. (Sept. 19) South Korean pop band Blackpink and American poet Amanda Gorman took to the United Nations stage on Monday to urge action on…
