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Small and innovative renewable energy projects battle to raise funds through formal channels. One possible solution is to reach out to communities with an interest in those projects to help fund them through crowdfunding initiatives.
With the long-awaited Carbon Tax Bill now expected to be implemented in June of 2019, businesses still have some time to develop new energy strategies that can help to reduce their carbon footprint.
Industry grinds to a halt. Traffic stands gridlocked. Lights in dangerous areas go out. People sit in the dark. Whereas Christmas should usher in a time of jovial spirit, this December once again brings in load-shedding for South Africans.
A market for electricity has a salutary effect on the behaviour of all the participants in the generation and supply of electricity. Generating plants, transmission grids, distribution grids, wholesalers and retailers, all behave differently when they compete for business with alternative suppliers.
On Tuesday, China pledged to invest $14.7bn in South Africa and grant loans to Eskom and SAA. While this investment brings the country closer to President Ramaphosa’s target to raise US$ 100 billion in foreign direct investment, some argue that China’s intentions are not what they seem.
The drought in Cape town and surrounding areas have caused a surge in impact investing. Impact investment is to a large extent still fairly unknown and under-used in South Africa, despite the vast opportunities in a country with a massive scarcity of resources.
PEOPLE, PLANET, PROFIT - the triple bottom line! The concept of the Triple Bottom Line (TBL) being social equity, environment and economic factors, demands that a company’s responsibility lies with stakeholders rather than shareholders. This also indicates a commitment to Corporate Social Responsibility (CSR).
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