Environment advocates on Saturday marched to the African Development Bank (AfDB) office in Johannesburg to demand the bank publicly commit to 100 percent renewable energy investments in their power lending portfolio.
The group demanded that the bank extend transparency about their energy efficiency strategy. They also asked the AfDB to publish a roadmap to reduce portfolio-wide emissions.
They said they want the bank to increase its transparency policies around disclosure and access to information and greenhouse gas emissions accounting at the project and portfolio level.
The call for a just transition to 100 percent renewable energy is not just better for our climate and environment, the group said.
They added the move creates more-and better-jobs than the fossil fuel industry, and is the key to ending energy poverty by providing energy access for off-grid communities. Enditem.