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South Africa is the eleventh largest emitter of greenhouse gases globally due to its significant reliance on fossil fuels. As part of its Paris Agreement nationally determined contributions, the country has set a target to cut its emissions to 42% below its “business-as-usual” trajectory by 2025. For the country to meet this objective, the financial sector must consider the roles it can play in reallocating capital towards more sustainable investments and building climate resilience. Globally, the International Energy Agency estimated that the transition to a low-carbon economy requires nearly $1-trillion of new finance every year for at least the next 15 years.
Reorienting capital to more sustainable investments requires a comprehensive shift in how financial firms disclose their fossil-fuel exposure, climate-related risks, and future opportunities. The Task Force on Climate-Related Financial Disclosures (TCFD) was established by the Financial Stability Board in 2015 to provide
He s hunted for Atlantis and tunnels from the Holocaust. Now, he ll be a CNU professor. By Matt Jones, Daily Press (Newport News, Va.)
Mired in mud in southern Spain are six stone anchors that possibly date to the Bronze Age.
According to Richard Freund, who led a team to explore the site for a National Geographic documentary, they could be from the lost city of Atlantis described by the ancient Greek philosopher Plato.
Maybe. If we take the testimony of Plato seriously - not literally, but seriously - what we can say this is the closest thing to the reality of most of the elements that he mentions there, Freund said. Somebody may come up with a better one.
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