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Analysis: The White House Is Fueling the Carbon Offset Market Without Fixing It
The White House issued a full-throated endorsement of carbon offset credits on Tuesday, laying out guidelines that are meant to calm anxieties about “greenwashing” and encourage companies to invest more heavily in a controversial climate solution.
- Categories
- Environment, Investing
- Region
- Global
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Viewpoint: The End of Greenwashing Is Now Within Sight
For markets to work well, they must be transparent, trusted and standardized — three qualities that have largely eluded the market for carbon credits. But change is coming.
- Categories
- Environment, Investing
- Region
- Global
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Viewpoint: Support for the Anti-ESG Movement Is Dwindling, But Uncertainty Looms Ahead of Election Day
Business leaders who advocate for ESG should not depend on another Joe Biden administration to support them after Election Day. One way or another, it may not exist.
- Region
- Global
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South Africa in Talks With Climate Backers Over Delaying Coal Plant Closures
Keeping the lights in a struggling economy while shutting down some old coal-fired plants supplying most of South Africa’s electricity needs has proven a tough task.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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ThriveAgric and Acorn Rabo Bank Join Forces to Generate $56 Million in Carbon Revenue for 30,000 Nigerian Farmers
Africa holds immense potential for carbon credits, yet it currently captures only 2% of its capacity.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Analysis: Anti-ESG Fever Shows Signs of Bending, Not Breaking (Yet)
Despite the legislative activity against ESG investing, the overall momentum is building in support of business and investment strategies that emphasize long-term thinking and sustainability over short-term profits.
- Categories
- Investing
- Region
- Global