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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…
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…
There is hope’ for SA’s Just Energy Transition despite concerns about funding gap
There are fears that JET-IP’s proposed funding falls far short of what is needed to support workers and communities affected by the transition away from coal. South Africa’s daring plan to quit coal while sparking growth and keeping the lights on starred again in the State of the Nation Address (Sona) and the recent budget…
Medupi Impacts Case Study: the impacts of multi-million USD funding from the BRICS Bank and other int. financiers
Johannesburg, 23 August 2023 — Today, on the sixteenth anniversary since the construction of the Medupi Coal Power Station commenced, the Fair Finance Coalition of Southern Africa (FFCSA) releases an evoking collection of unseen and unfiltered images, offering a candid glimpse into the lives of communities in the town of Lephalale, who have endured the…