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Activists in Paris Wednesday called out two banks involved in the financing of a controversial fossil fuel project in East Africa, part of a coordinated
TotalEnergies owns 62% of the company which holds the licence for the pipeline. SMBC are financial advisors to EACOP's operators and South Africa's Standard Bank.
Minister of Finance Enoch Godongwana is delivering the 2023 Budget Speech to the National Assembly at Cape Town City Hall.
Proposals submitted to several of the largest U.S. banks seek stronger commitments on reducing financing for the fossil-fuel industry and 2030 greenhouse gas emission targets.
Long before environmental, social, and governance ("ESG") entered the corporate world's vernacular, these principles were very much present in various aspects of project development and in the policies...