Business groups have urged the South African government to postpone the implementation of new carbon tax increases until after 2035. Business Unity South Africa (Busa), Business Leadership South Africa (BLSA), and others have called for the government to consider a higher carbon price only “after 2035,” a delay in annual carbon tax increases until “at…
The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA), the Motor Industry Retirement Funds (MIRF) and Copartes Pension Fund and the African Union Commission (AUC), have announced the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million. The announcement was made at…
Dubai Investment Fund (DIF), one of world’s largest global independent investment funds and asset manager, that effectively manages financial resources through diversification into new asset classes, today announced the creation of ESG Investment Department. “Investing in areas, that will bring not only profits, but also long-term benefits for the whole community is one of our…
Microsoft and McKinsey have joined forces to launch an integrated decarbonisation solution that uses data intelligence from Microsoft together with McKinsey’s Catalyst Zero execution engine. The tech collaboration will allow companies to use integrated data on their emissions-inducing activities and create a detailed decarbonisation plan. The solution will apply the Sustainability Manager to automate and scale companies’ sustainability data…
South Africa’s transition to a low-carbon, climate-resilient, and sustainable society has ignited a heated discussion regarding the energy mix that may lift the country out of poverty while adhering to the Juts Transition standards. The multiplicity of transition options has perplexed Parliamentarians, and continued blackouts from the country’s coal-fired power plants have undermined the country’s…
