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National Treasury has launched South Africa’s first Green Finance Taxonomy, which will help investors and financial institutions make more informed decisions on “green” projects On 1 April 2022, National Treasury (NT) launched South Africa’s first Green Finance Taxonomy (GFT). This is an official classification that defines a minimum set of assets, projects, and sectors as eligible to be defined as "green" or environmentally friendly. The taxonomy also lists the standards that define economic activities as “green”.

"The need for what we do has become so obvious that it’s almost a cakewalk now,” said Tellurian CEO Charif Souki.

ESG action is now considered critical to both business and social resilience and is increasingly integrated into board oversight responsibilities and executive compensation.

The leaked EU Sustainable Finance Taxonomy proposal for a complementary Delegated Act sets out the role of fossil gas, two devastating scenarios emerge – both a far cry from net-zero by 2050.  

The roadmap introduces sustainability disclosure requirements for UK companies and reveals further developments in relation to a UK Green Taxonomy. On 18 October 2021,...