CAPE TOWN, SOUTH AFRICA. David le Page of Fossil Free South Africa (L) and Rev Rachel Mash from the Anglican Church of Southern Africa (C) at the Fossil Free SA and 350Africa Carbon Risk, Divestment And Ethical Investment Workshop at the World Wildlife Fund (WWF) offices in Newlands, Cape Town, South Africa on 10 May 2017. Picture: Jennifer Bruce/350Africa
In South Africa, climate/energy policy is intensely contested, with the government’s support for big coal and stalling on renewable energy development contradicting its commitments on climate change. The Carbon Risk, Divestment And Ethical Investment Workshop was held to discuss the implications for South African investors, fund owners and managers and to ask how SA funds can fully address the moral, financial and fiduciary risks of high carbon exposure.