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FFCSA submits responses to UN call for input on DFIs and Human Rights.
Purpose: Report to be presented to the Human Rights Council in June 2023Background In its stocktaking exercise of the implementation of the UNGPs over the first decade since their adoption, the Working Group recognized that ‘financial actors have an unparalleled ability to influence companies and scale up on the implementation of the Guiding Principles1. With…
Implementing Just Transition: Civil society has a crucial role to play
By Courtney Morgan, Leanne Govindsamy and Boitumelo Masipa In December, a year after the $8.5 billion Just Energy Transition was first announced, South Africa’s Just Energy Transition Investment Plan (JET-IP) was approved by cabinet and then published for public comment. The Fair Finance Coalition Southern Africa, together with the Life After Coal Alliance, submitted comments,…
Fair Finance Coalition raise concerns about just energy transition
Monday 27 February 2023 – 4:00pm JOHANNESBURG – The Fair Finance Coalition of SA says communities bear the brunt of power cuts and should be more involved in the country’s electricity planning processes. READ: SA’s Electricity Crisis | Power cuts cause business instability The coalition also says Andre de Ruyter’s corruption claims have caused uncertainty around…
South Africa pitches $84bn plan to shift from coal to clean energy – Nov 2022
President Cyril Ramaphosa set out a 200-page investment plan ahead of Cop27 climate talks, urging partners to finance his vision.
Fair Finance Southern Africa launches to improve transparency and accountability at Development Finance Institutions – Nov 2022
Ahead of South Africa’s Budget Speech a coalition of civil society organisations launched Fair Finance Southern Africa seeking to strengthen the commitments of Development Finance Institutions to human rights standards and addressing the climate crisis. The launch saw coalition members discussing the role of institutions like the Development Bank of Southern Africa, and fair financing…