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Blockchain vs. Greenwashing: Why Emissions Reporting is Pointless Without Verifiable Data
The current carbon emissions reporting landscape is awash in bold, often dubious claims about the supposed climate impact of different businesses. According to Nish Kotecha at Finboot, these claims are a result of the growing pressure on companies to provide more environmental accountability, and they often reduce emissions reporting to an exercise in greenwashing. He explores how Finboot is leveraging blockchain to verify the accuracy and reliability of emissions data, and discusses some key obstacles to the wider adoption of blockchain-based emissions reporting.
- Categories
- Energy, Environment, Technology
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Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The programme will boost the private sector's contribution to the national economy by improving the overall business environment.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Investors Back $225 Million World Bank Bond For Amazon Reforestation and Carbon Removal
The bond aims to mobilize around $36 million to fund Mombak, a Brazilian company dedicated to reforesting the Amazon.
- Region
- Latin America
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African Development Bank Group’s Sustainable Energy Fund for Africa Approves $10 Million Contribution to KawiSafi II Clean-Energy Fund
KawiSafi II is a $200 million venture equity fund to address investment gaps in energy transition, productivity, mobility and logistics in sub-Saharan Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round in South Africa
OAE’s technology offers a solution by connecting electricity generated from distributed renewable sources with unmet demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Despite Anti-ESG Attacks, New Study Shows Investors See Climate as Critical to Business Performance
Do investors care whether financial services firms take climate-related actions in clean energy opportunities?
- Categories
- Environment, Investing
- Region
- Global
- Tags
- climate change, decarbonization, ESG, research
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African Development Fund Grants the Union of the Comoros $135 Million to Develop Its Ports and Facilitate Regional Trade
The country has an enormous potential for the blue economy – fisheries, agriculture and tourism sectors.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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