Carbon and Finance News

PPC could have a US$7 million bill should the carbon tax be implemented

PPC has said that adverse weather negatively affected cement and concrete sales in South Africa in January and February 2017. Rainfall in excess of 200mm was experienced in many parts of South Africa over the two [...]

Green bonds to drive investment

In particular, the popularity of green bonds has exploded over the past few years, with Asian, European and to some extent North American governments and corporations completing dozens of issues over the past year alone. Until [...]

Spekboom fixing carbon for free

Climate change is an increasing problem globally; and South Africa is among the top 20 largest producers of carbon emissions in the world. Reducing our carbon footprint is more important than ever. The Wonder Plant social [...]

Woolworths launch SA’s first retail branded MSC certified canned tuna

After four years of working closely with the Marine Stewardship Council (MSC) and WWF-SASSI, Woolworths has succeeded in securing an MSC-certified source of canned tuna, caught using the pole-and-line catch method, for its Woolworths branded canned [...]

What is real sustainability about?

There is plenty of talk in the corporate sustainability space. Some companies embrace a green cause such as rhino poaching, tree planting, or wild dog conservation research.  However worthy the cause, that embrace tells you little about [...]

Gordhan to announce when carbon tax comes into effect?

Energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned carbon tax. The warning came in the run-up to this week’s budget speech, when Finance Minister Pravin Gordhan [...]

UN to certify Scatec solar carbon credits

The United Nations Framework Convention on Climate Change (UNFCCC) will certify and credit carbon emissions avoided by three of Scatec Solar’s PV power projects located in Africa. The certification establishes that the carbon emissions avoided from [...]

Carbon Tax – is it the solution it is made out to be?

Reducing greenhouse gases is a commitment under the Paris Agreement, but the proposed carbon tax will not yield the desired results on its own. The delay in implementing the proposed legislation provides a great opportunity to [...]

Why companies should adopt carbon-related legislation

While National Treasury is determined to introduce a carbon tax in South Africa, businesses and industries might not be taking this seriously. Industry experts say this is concerning as industries are the biggest contributors of CO2 emissions [...]

Inspired Evolution exits renewable investments

The clean energy player is on track to raise $250M in Fund II In a clear signal that the renewable energy industry is maturing, clean energy and resource efficiency specialised fund manager, Inspired Evolution, has successfully [...]