With current efforts to boost Africa's carbon credit production by 2030, experts believe the commitments will require Governments to switch from a voluntary to a compliance market by generating renewable energy for a portion of national and regional electricity supplies.
At the entrance to the municipality of Paraíso, in the southeastern Mexican state of Tabasco, there is a traffic circle that displays three things that are emblematic of the area: crabs, pelicans and mangroves.
French oil and gas giant TotalEnergies and China National Offshore Oil Corporation (CNOOC) are moving with pace in the development of oil and gas projects with a potential investment portfolio estimated at more than USD 15 billion. IPS looks at the project's human rights record for the compensation of affected communities.
The growing and changing material requirements for new technologies have triggered natural resource scrambles for strategic minerals, generating dangerous rivalries fought out in the global South.
The commodity boom early this century was mainly driven by mineral prices. Yet, mining’s contribution to developing countries’ revenue has been modest, largely due to massive tax evasion and avoidance.
While climate change is relentlessly progressing, threatening life on earth, world leaders continue to meet while planning for a future where this immense menace to human existence remains a minor item on the agenda.
The Role of the New Development Bank in Monitoring Project Impacts on Communities
The 15th BRICS Summit
held in Johannesburg, South Africa this month has once again put the spotlight on the Lesotho Highlands Water Project
(LHWP) as a shining example of multilateralism and the New Development Bank’s
(NDB)commitment to financing sustainable development projects within BRICS countries and other developing countries. During the 2023 BRICS Summit, the New Development Bank and the Trans-Caledon Tunnel Authority (TCTA) signed a 3.2 billion Rands loan agreement for the implementation of Phase Two of the Lesotho Highlands Water Project (LHWP) in Lesotho. This funding complements contributions by other financiers, notably the African Development Bank
(AfDB) and the Development Bank of Southern Africa
In the midst of a complex web of crises, spanning climate change, biodiversity depletion, constraints on civic space and mounting debt burdens, civil society organizations and human rights defenders from over 50 countries have united their voices
to call for immediate and impactful action from Public Development Banks (PDBs).
September 2023 marks the halfway point to the deadline for achieving the 2030 Agenda and the Sustainable Development Goals (SDGs). Yet, globally we are still far off-track
, and Africa is only halfway
towards achieving the SDGs, with nearly 600 million Africans
still lacking access to electricity and 431 million people living in extreme poverty
Rich nations have contributed most to the current climate crisis. They are primarily responsible for the historical emissions and greenhouse gas (GHG) accumulation of the last two centuries.
Protests against the high cost of living in Kenya have been met with police violence. Talks are currently underway
between government and opposition – but whatever results will fall short unless it brings accountability for the catalogue of human rights violations committed in response to protests.
The primary commodity price boom early this century has often been attributed to a commodity ‘super-cycle’, i.e., a price upsurge greater than what might be expected in ‘normal’ booms. This was largely due to some minerals as most agricultural commodity price increases were more modest.
The Colorado river basin has recently been wracked by an extended drought which brought to the fore major concerns regarding hydroelectricity production. Up on the Colorado sits the iconic Hoover Dam
, which transforms water into enough electricity to power 1.3 million people in Nevada, Arizona and California.
A new technology that has arrived in rural villages in El Salvador makes it possible for small farming families to generate biogas with their feces and use it for cooking - something that at first sounded to them like science fiction and also a bit smelly.
The city of Franca is an example of basic sanitation in Brazil. In addition to providing universal treated water and sewage to its 352,500 inhabitants, it extracts biogas from wastewater and refines it to fuel its own vehicles.
Africa is caught in the crosshairs of climate change. Despite contributing just 3-5% of global carbon dioxide emissions, the continent will endure climate change’s destructive impact, including more severe storms, rising temperatures and erratic rainfall in the years ahead that threaten the well-being of hundreds of millions of people.
An estimated 2.4 billion
people currently lack access to clean cooking fuels, with the majority relying on biomass (firewood, charcoal, dung) to meet household cooking needs. This is only a slight decrease from 2017, when 2.5 billion
people lacked access to clean cooking fuels.
As our planet continues to heat up at an alarming rate, carbon credits, markets and trading have been promoted as effective measures to combat global warming. While there is an urgent need to curb planetary heating, growing reliance on this innovation is problematic, to say the least.
There seems to be no end in sight to the war in Ukraine. On the contrary it continues to escalate. The latest ratchet up has been the decision by the USA to supply the Ukrainian army with cluster bombs. These are nasty weapons which scatter and explode over a wide area. They are specifically designed to kill people rather that destroy infrastructure, military installations or communication hubs. They also have a sting in the tail – some of the bomblets remain unexploded, effectively becoming anti-personnel mines. These can turn wide swathes of territory into virtual no-go areas.
At Kampala’s Nakawa market, Lovisa Nabisubi scoops charcoal from a bag and packs it into tins ready for customers. Her bare hands, feet, and clothes are stained black from hours of dealing in this popular household fuel which some equate to “black gold” not just in Uganda but in most of East Africa.
"Anxiety, insomnia and depression have become widespread. We don't sleep well, I wake up three, four times a night," complained Brazilian farmer Roselma de Melo Oliveira, 35, who has lived 160 meters from a wind turbine for eight years.