Tag: Feature
Six African public finance institutions called out on fossil fuel investments at COP27
Six public finance institutions (PFIs) are failing to disclose measurable targets for reducing greenhouse gas emissions in line with the Paris Agreeme [...]
World Bank launches Global Shield to bring together climate change adaptation financing
The World Bank Group has announced a Global Shield Financing Facility to help developing countries access more financing for recovery from natural dis [...]
Drought costs individuals dear and threatens country economies, warns ARC Ltd
More than 60% of households in Africa report sudden losses in income and assets in times of drought, according to the World Bank.
In a new report f [...]
Finance sector pressed for credible transition plans at COP27, as more warn on greenwashing
The World Leaders Summit is now over. The rest of the COP27 proceedings are based around days themed on key negotiation topics, starting with finance. [...]
While the world talks coal and climate in Egypt, companies need to think beyond the rhetoric
As South Africa’s energy crisis persists, stirring national frustration and rattling business owners, Eskom has announced its plan to spend a whopping [...]
GRII reaches key milestones towards climate metrics and risk measuring
The Global Resilience Index Initiative (GRII), a multi-partner taskforce, has announced key milestones in its development towards an open, standard se [...]
Transition from fossil to renewable fuels must be balanced, says Africa Energy Chamber
Vilifying fossil fuels seems to come easily to many people these days. That includes UN Secretary General António Guterres, who recently associated th [...]
Suez Canal under threat from climate change, warns Marsh
The future of some of the world’s most important shipping lanes – including the Suez Canals and other sea-facing port and terminal infrastructure – co [...]
Insurers launch flood cover for Lagos state
The Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), the German government and the Lagos state government in Nigeri [...]
Finance initiatives launched at COP27 to support African development
Insurers have new ways of investing into green initiatives after Egypt’s COP27 Presidency and the United Nations Economic Commission for Africa launc [...]