New research shows unmitigated warming could knock 18% off of global GDP by 2050
The bank has received praise for setting a more ambitious climate policy than other major local banks, targeting zero fossil fuel exposure by 2045
Less aid and more trade will be the buzz words
With a good business model, the power utility can move to reliable, cost-effective clean energy, says the International Institute for Sustainable Development
In 2020, 86% of South Africa’s electricity came from coal, compared to the global average of 34%, Global Electricity Review research shows
Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change
Meeting the new 2030 emissions-reduction target will require an estimated €350-billion of additional investment annually. But this figure pales in comparison to the costs of doing nothing
Research suggests retiring old coal-fired power is more cost-effective and climate positive
A higher carbon tax will be introduced in 2023 for companies with dangerous levels of greenhouse gas emissions
The Development Bank of Southern Africa plans to use the booming market to finance its climate projects and invest in infrastructure
Climate change also has the potential to increase conflicts in Africa, as competition for scarce resources grows
A changing climate threatens to undermine the past 50 years of gains in public health
Environmentalists say Trump’s announcement that he would withdraw from the Paris agreement three years ago made it easier for countries such Australia, Saudi Arabia and Brazil to weaken their own ambitions
Joe Biden doesn’t have the mojo needed to restore the US – so he needs a full house to appoint those who do, writes Richard Calland.
South Africa must update its old position to make a positive contribution
Bioeconomy — using renewable biological resources — will allow Africa to transform its systems and create a viable economic future, global warming
The pandemic has disrupted governments’ plans to flatline the upward trajectory of global warming
South Africa has made some progress in the move to cleaner energy, but at 106 out of 115 countries on the energy transition index there’s clearly much room for improvement
Due to covid-19, there are aeroplanes jetting about with few, if no passengers in them, which means those planes are releasing unnecessary greenhouse gases that will trap heat and warm this planet for decades to come
The real test will come next year in Glasgow, when countries have to make concrete commitments to reducing emissions
In the face of the climate emergency, it is critical for investors to show companies the path to follow
Developing countries such as ours cannot follow the same growth path that Western economies have taken over the last century and a half
Operators of the oil tankers, bulk carriers and ferries plying the seas are racing to find alternatives to fuel oil as pollution rules are tightened
The financial sector will need to play a leading role in scaling up green initiatives, de-risking projects for investors, and optimising funding costs
The financial sector must recognise that including environmental, social and governance concerns in its allocation decisions can be good for business
The amount of carbon dioxide in the atmosphere has jumped to its highest level in human history
Hotter world has already cut off at least 10% of the country’s GDP. Rich countries have benefited from that warming
The council’s climate change research could suffer from job cuts
World Economic Forum warns that little action is being taken on climate change as the world splinters
The bank’s announcement coincided with a UN climate summit currently underway in Poland
‘To make destroying the environment even easier, Bolsonaro pledged to merge the environment and agriculture ministries’
Two new reports show just how little countries are doing about climate change, and our own failings are laid bare