INSIGHTS FROM PICO ANALYTICS
Sustainable Finance News and Insights to help you navigate the current financial climate.
Cobalt Mining in the Democratic Republic of the Congo
In our previous paper we covered all the major issues associated with the mining of cobalt and various other precious minerals which are contributing to the sustainability revolution. In this paper we will shift focus to the solutions and innovations which are taking place in the mining sector in the hope that the further dissemination of this information will educate the general public and possibly inspire those involved in mining to look into and apply some of the things they have learnt here. Our emphasis will also be on ESG’s, SDG’s and accountability which all have a part to play in changing the face of mineral mining around the world.
The New Face of Poverty: How Climate Change is Impacting the Poor and How Sustainability is the Only Way Ahead
Global poverty is on the rise. With the toxic mixture of the Covid-19 pandemic, the war in Ukraine, the ensuing economic instability, and the mushrooming cost of living crises, for people and communities around the world it is difficult to imagine how life could be any harder or how it could improve. The World Bank estimates that in 2020 the number of people living in extreme poverty rose by 70 million to more than 700 million. The bumpy road to post-pandemic recovery has brought little improvement as the present overall number is only expected to have dropped to around 685 million people. If this global turbulence were to continue then we can expect to still see 574 million people living in extreme poverty i.e. living on less than $2.15 a day, in 2030 (The World Bank, 2022)…
Environmental Inequality
Over the past few years racial inequality has found itself once again in the headlines. Former students of residential schools run by the Catholic church across Canada have been speaking out on the decades long abuse experienced by indigenous pupils. The shocking murder of George Floyd electrified the world to action for Black Lives Matter. The hate crimes against people of Asian heritage rocketed with the outbreak of Covid-19. The conflict in Syria brought thousands of migrants to the gates of Europe and the US leading to far right backlash and scenes of racial hatred not seen since Enoch Powell’s infamous “rivers of blood” speech. The once bright image of a cosmopolitan, globalised and egalitarian society almost appeared to be disintegrating as inequality, the Covid-19 pandemic, a shaky economy and government parties dividing faster than bacteria began to jeopardise the harmony that communities across the globe have been striving to achieve. Yet, race-based inequality continues to reach its bony fingers into the structural inequalities we see and hear about in education, employment and general standard of living. Hidden away in plain view are the environmental inequalities that numerous minority ethnic and Indigenous communities are now experiencing as climate change lands on their doorstep and large polluting companies set up shop in their back yard.
Women in Climate Policy; The Trailblazing Women of Africa
Women have been the strength and stay of many African Nations throughout history as warriors, mothers, matriarchs, freedom fighters and now politicians, NGO workers and climate activists. The disenfranchised, poor, and repressed image of African women and girls often portrayed in global media could not be further from the truth for many amazing women who are taking their place in what was and to some extent remains a patriarchal society in almost every nation across the continent. The strength of these women to defy traditional gender roles and seek a career and voice outside of the home evidences at least in part the importance of their role in politics and in particular their steering of the climate policies to come. In a region which is already experiencing the grave impacts of climate change in the form of drought, desertification, forced migration, etc. the inevitable loss of life, livelihoods and futures are often felt most deeply by women due to the systemic gender inequalities which are so deeply rooted in African society. This does not mean however that these women are either powerless or vulnerable as many have weathered far greater storms and when given the opportunity will exhibit far greater resilience to disasters and crises than their male counterparts.
