Browsing: Environmental Social Governance

In a recent editorial for the Washington Examiner, African Energy Chamber Executive Chairman NJ Ayuk labelled Environmental Social Governance (ESG) as “Colonialism 2.0” ( https://bit.ly/3wx6YlY). Mr. Ayuk argues that ESG criteria for financial investments are being weaponised to impose green energy on Africa at a moment when the continent needs to make use of its fossil fuels for the development of its economies. He argues that ESG prioritises the environment at the expense of food, energy security, and poverty reduction in Africa. But is that really the case?