Green Finance

A new World Bank report shows Africa’s green transition could unlock up to 25 million new jobs. With smart investment in clean energy, climate-smart agriculture and resilient cities, the continent has a real opportunity to build a stronger, greener future for its fast-growing youth population.

A Paris court has ruled that TotalEnergies misled the public with false climate pledges, marking the first major greenwashing conviction of a global oil company. The decision orders the removal of misleading claims about carbon neutrality and renewable energy.

Equity Group Holdings’ latest Sustainability Report showcases bold steps in Africa’s climate transformation journey. From financing renewable energy and clean cooking to planting 35 million trees and transitioning to e-mobility, the bank’s sustainability model is redefining how financial institutions drive low-carbon growth across the continent.

The Second Africa Climate Summit concluded in Addis Ababa with the launch of two major green industrialisation initiatives, highlighting that green investment is a key driver for Africa’s sustainable development. These areas include energy, agriculture, water, transport, and resilience.

REDD+ stands for Reducing Emissions from Deforestation and Forest Degradation. It is a global framework that encourages countries to protect forests and, in return, earn carbon credits. These credits can then be sold in international or local markets, bringing in money for conservation and community development.