Global climate emergency is unquestionably upon us
This week the mining industry, investors and governments from across the continent gather in Cape Town for the annual African Mining Indaba, under the banner of this year’s theme: “The subject is timely. We are told that environmental, social & governance factors are part of capital allocation decisions by institutional investors the world over. This is in no small measure because the global climate emergency is unquestionably upon us.
Central to the energy transition must therefore be respect for the human rights of these groups. At minimum this means The tracker documents allegations of corporate human rights abuse over the last decade, ranging from erosion of land rights to toxic pollution, diversion of scarce water resources, attacks on communities and their human rights defenders, and failures to effectively consult.
Here in SA, the successful battle by community groups resisting enlargement of Tendele Coal’s Somkhele Mine, and the backlash against Shell’s offshore seismic exploration, highlight that communities can and do bring large resource projects to a standstill. The precarious health of the world’s climate simply cannot rely on an extractive model that has left so many mining-affected communities impoverished and leaves others, looking now to the history of the industry, resolving to resist the development of untapped resources on their lands. This indaba, with its focus on ESG and clean energy, provides stakeholders a critical opportunity to examine what it means to invest in a just energy transition: one that is fast, but also fair.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Clean energy is imperative to arrest catastropheGlobal climate emergency is unquestionably upon us
Read more »
Global agricultural commodity prices dampen sentimentExcessive rains in KwaZulu-Natal also weigh on crop conditions that have hit sector performance
Read more »
Understanding the meaning behind South Africa's Mister Global costumeSouth Africans are never in short supply of light-hearted humour. Responses to Mister Globals' 'National Costume' are classic. Whilst some have giggled, others have expressed disappointment. But before you make your decision, here's what it represents:
Read more »
Santova earnings set to more than double on back of global shipping chaosThe pandemic has led to delays at Chinese ports, causing shipping containers to pile up 🔒
Read more »
PODCAST | Global construction activity is expected to grow by 2.2% in 2022Mudiwa Gavaza is joined by Nicholas Fearnley, head of global construction forecasting at Oxford Economics
Read more »
Russia is set to lose its status as a top global oil power under an EU embargo | BusinessinsiderA European Union embargo on Russian oil would devastate production and topple Moscow as a top global oil power, experts told Insider. | BISouthAfrica
Read more »