SHOWING THE WAY
Advancing accountability, social and environmental performance as well as integrity and transparency among organisations to help them gain public trust and improve their bottom line
This collaboration aims to increase financial access to at least 75,000 farmers, 70% of whom are women, facilitating loans worth RWF 5.2 billion ($4 million) over the next three years. By Our Reporter The USAID-funded Feed the Future Rwanda Hinga Wunguke Activity, implemented by Cultivating New Frontiers in Agriculture (CNFA), recently unveiled four new partnerships […]
There are no short-cuts in leadership, hence, leaders must be consistent and committed to delivering on sustainability targets By EB Content Studio ESG leaders who seek to guide their companies through climate change transitions should strive to develop seven competencies, a new study suggests. According to Dr. Muel Kaptein, equity partner at KPMG and speaker
Top seven competencies to succeed in ESG management Read More »
Fund managed by BlackRock is looking to take up 31.25% stake; Vesta’s divestment follows its strategy to develop wind projects without remaining their long-term owner. By EB Content Studio Vestas Wind Systems A/S has sold its 12.5% stake in Lake Turkana Wind Power Limited (LTWP), Africa’s largest wind farm, to a fund managed by American-based BlackRock Inc. Vestas
Danish turbine maker closes stake sale in Kenya’s Lake Turkana wind farm Read More »
Donors are lagging as wars and climate change push global aid needs to record highs, with vulnerable groups hit by the cash crisis. By Thomson Reuters Foundation Nearly 300 million people around the world will need humanitarian aid in 2024, according to the United Nations, but after a record shortfall in donations last year, aid workers
Why is the world’s humanitarian aid gap getting bigger? Read More »
Given the escalating climate crisis, multilateral lenders must urgently adopt an approach to development aid that emphasises prevention. By incorporating structural vulnerabilities into their allocation formulas, the World Bank and others can strengthen poor countries’ resilience and increase fairness, efficiency, and transparency. By Abdoul Salam Bello, Patrick Guillaumont and Arnaud Buissé Last October, at the Annual Meetings of the World
Official developmentassistance must recognise countries’ vulnerabilities Read More »
Kenya’s susceptibility to climate change is not solely an economic issue but also poses a significant threat to public health and food security. The country is predicted to see a surge in diseases, with malaria cases projected to increase by 56% and waterborne diseases by 10% by 2050. By EB Content Studio The World Bank
World Bank warns of economic impact of climate change on Kenya Read More »
Concerns revolve around finding a balance between attracting clean energy investment and safeguarding the rights and safety of local populations, while preventing exploitation by external funders. Carbon capture technology, particularly direct air capture (DAC), is gaining attention in Africa, but some experts remain skeptical about its effectiveness and whether it may enable fossil fuel companies
Kenya’s ambitious carbon capture plant sparks debate Read More »
Out of the 52 low- and middle-income nations that have faced debt defaults or been on the brink of it in the past three years, 23 of them are located in Africa. President William Ruto with African Development Bank President Akinwumi Adesina. PHOTO: Courtesy By EB Content Studio & Agencies Kenyan President William Ruto, along
Ruto, AfDB’s Adesina say Africa needs debt repayment hiatus to address climate crisis Read More »
CYNK launches as the first Africa-based, end-to-end platform for the measurement, verification and sale of high-quality carbon credits. Harvesting sugar cane and loading it onto a tractor in Kenya. The first carbon credits traded on CYNK are from biomass briquettes produced in sugar milling operations in the country. PHOTO: Kenyan Wall Street/Twitter By EB Content
Africa’s first verifiable carbon market launches in Kenya Read More »
Turning Africa into a source of carbon credits will benefit polluters and middlemen, not most Africans and not the planet. A man stands in a rainforest in Gabon. Photo: Axel Rouvin/Flickr By Mohamed Adow There is increasing hype and push for so-called voluntary carbon markets in Africa. Politicians, businesses, some NGOs and big philanthropy are trying to
A wolf in sheep’s clothing: why Africa should shun carbon markets Read More »
