WATCH: Climate finance focus ahead of COP27

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Canada News News

Michael Avery talks to Barbara Creecy, Olivia Rumble, Kirsten Wolmarans and Candice Stevens

Nearly 40-million people worldwide work in jobs related to clean energy, according to a September 8 report from the International Energy Agency. That number represents 56% of total energy sector employment, meaning that for the first time, clean energy jobs outnumber those involved in producing, transporting, and burning fossil fuels.

The US’s Inflation Reduction Act contains some of the most robust climate change provisions in American history. It will likely spur a race to the top in renewable energy technologies and have implications for African exports in critical minerals for these technologies. The US Strategy for Sub-Saharan Africa, which was released about the same time, however is disappointingly vague on key climate issues, including climate finance. Recently SA’s banks have come under the Just Share spotlight. With developments moving rapidly, and the scope and extent of potential ESG disputes evolving in real-time, it is becoming an important risk factor for business as we build up to COP27 in Sharm El-Sheikh in Egypt.

Joining Michael Avery for this conversation are Barbara Creecy, Minister of Forestry and Fisheries and Environmental Affairs; Olivia Rumble, co-founder of Climate Legal; Kirsten Wolmarans, partner at Webber Wentzel and Candice Stevens, chair of Africa’s Sustainable Finance Coalition and co-chair of IUCN WCPA Sustainable Finance Specialist Group.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Helping business flow – Dr Simon Kekana discusses the challenges facing South African educationDr Simon Kekana has a deep understanding of the challenges facing the South African education sector and provides valuable insights in this Helping business flow episode with Michael Avery.
Source: BusinessTechSA - 🏆 24. / 61 Read more »