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SOUTH AFRICA AND DATA FLOWS
The document examines the global landscape of data flow restrictions, specifically comparing the regimes of BRICS nations. It argues that data localisation—requiring data to be stored or processed within a specific jurisdiction—imposes significant costs on productivity, innovation, and GDP. For South Africa, the author recommends maintaining its current conditional flow regime while pursuing further liberalisation at a regional level to become a data processing hub, rather than adopting the strict localisation policies seen in China and Russia.
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Document type: Research paper
How to Buy Chocolate for Easter Without Killing Sloths
The document highlights the link between cocoa cultivation and dramatic forest loss in key producing regions, specifically noting that cocoa is the top driver of deforestation in Ivory Coast and Ghana. While it acknowledges a commitment by major chocolate companies and the governments of Ivory Coast and Ghana to 'No New Deforestation' in West Africa, it argues that this effort must be expanded globally to protect biodiversity in countries like Cameroon, Indonesia, and Peru. The guide encourages consumers to use a scoring system based on three criteria: participation in the West African pact, adoption of worldwide shade-grown agroforestry policies, and a global commitment to refuse deforestation cocoa.
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Document type: Guide
OPPOSITION TO THE ESTABLISHMENT OF AN EXPERT PANEL ON SULPHUR DIOXIDE (SO2) ABATEMENT SOLUTIONS
The Centre for Environmental Rights (CER), representing groundWork, Earthlife Africa Johannesburg, the Highveld Environmental Justice Network, and the Vaal Environmental Justice Alliance, opposes the Department of Environmental Affairs' (DEA) proposal to create an expert panel to address sulphur dioxide (SO2) abatement. The CER contends that Eskom and Sasol, the country's largest polluters, are using the proposal to avoid compliance with minimum emission standards (MES) and to secure 'rolling postponements'. The document argues that the necessary solution—retrofitting plants with flue gas desulphurisation (FGD) technology or decommissioning non-compliant plants—has already been established through a five-year multi-stakeholder process. Furthermore, it highlights that South African SO2 standards are significantly weaker than those in other developing and developed nations, and that the DEA has no legislative authority to weaken the MES based on industry claims of economic infeasibility.
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Document type: Statement
Sustainable Land Bonds
The report introduces Sustainable Land Bonds (SLBs), which are sovereign bonds used to finance low-carbon land management. Unlike standard bonds, SLBs are paired with Results-Based Payment (RBP) agreements where third parties offset interest costs if the issuing country meets specific emission reduction targets. This model aims to help tropical forest countries achieve their Paris Agreement Nationally Determined Contributions (NDCs) while stimulating rural economic growth and attracting institutional investment.
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Document type: Report
Indonesia’s Village Fund: An Important Lever for Better Land Use and Economic Growth at the Local Level
The report analyzes the governance and utilization of Indonesia's Village Fund, finding that while the fund has grown significantly and is a major revenue source for villages, it is predominantly spent on transportation infrastructure. The authors identify five key challenges—including a lack of technical capacity, misaligned planning between village and district levels, and insufficient regulatory guidelines—that hinder the fund's potential to support environmental conservation and sustainable land use. To address these, the report recommends integrating village priorities into district planning, empowering the Village and Community Empowerment Office, creating specific sustainability guidelines, adopting a 'negative-list' for spending, and introducing a sustainability variable into the fund's allocation formula.
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Document type: Report
A Systems Approach to Accelerating Climate Finance: Exploring Methods and Approaches to Systems Thinking in Climate Finance
The research paper advocates for a systems approach to climate finance to move beyond linear data tracking and address the complexities of developing country financial markets. It introduces a framework that categorizes actors into public finance, private finance, systemic enablers, and service providers, mapping their interrelationships through financial flows, mandates, and information. The paper identifies systemic trends in developing countries—such as bank dominance, short-termism, and capital volatility—and demonstrates how specific systemic actions (like ESG disclosure mandates) can catalyze private finance. Finally, it uses social network analysis of 2013-2014 data to identify key influencers and connectors within the international public finance sub-system to improve coordination.
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Document type: Research paper
Cooling for All
The report examines the growing global need for cooling, driven by urbanization and rising incomes, particularly in developing countries. It warns that a surge in air conditioning (AC) use could lead to massive increases in electricity demand and urban heat island effects. The document also details the critical role of cold chains in reducing food loss and ensuring vaccine viability, while emphasizing the need to 'leapfrog' high-emission cooling technologies to avoid severe environmental impacts.
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Document type: Report
TLFF I Pte Ltd
TLFF I Pte Ltd issued a USD95m sustainability bond as part of a larger USD350m project, a joint venture between Michelin and Barito Pacific Group. The proceeds are designated for a sustainable rubber plantation on 34,000ha of degraded land in Indonesia's Jambi and East Kalimantan provinces, with the remaining 54,000ha of the 88,000ha total area dedicated to conservation, aquaculture, land restoration, and smallholder plantations. The Climate Bonds Initiative notes that the project aligns with the Nature Based Assets category of the Climate Bonds Taxonomy due to its focus on sustainable agriculture, nature corridors for endangered species, and restoration of degraded land.
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Document type: Fact sheet
Missing the 23 Per Cent Target: Roadblocks to the development of renewable energy in Indonesia
This report investigates the barriers preventing the expansion of renewable energy in Indonesia, specifically wind and solar, despite national targets and falling global prices. Based on 26 interviews with diverse stakeholders, it examines why the country is struggling to meet its commitment to increase the renewable energy mix to 23 per cent by 2025.
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Document type: Report
Busting the myth of science - based formula
The report examines Nestlé's infant milk products across 40 countries, finding that the company often uses nutritional science as a marketing tool rather than a formulation guide. It highlights inconsistencies where products contain ingredients like sucrose and flavourings that Nestlé's own labels advise against in other markets. Furthermore, the report notes that Nestlé uses health claims for probiotics and prebiotics in some regions despite these being prohibited in the EU due to insufficient evidence. The investigation concludes that product development is driven by consumer trends and profit maximization, leading to 'premium' products with varying compositions and prices that lack a clear scientific rationale.
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Document type: Report
Dirty Fashion 1 revisited
The report details severe pollution and health crises linked to Aditya Birla Group's viscose plants in India and Indonesia, highlighting discrepancies between the company's public sustainability image and the actual conditions on the ground.
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Document type: Report
Integrating Human Rights in the Paris Implementation Guidelines
The document reviews the integration of human rights and social principles across four key areas of the Paris Agreement implementation guidelines: Nationally Determined Contributions (NDCs), Adaptation Communications, the Enhanced Transparency Framework (ETF), and the Global Stocktake (GST). It highlights that while some parties, notably Norway, Canada, and the African Group of Negotiators, have pushed for the inclusion of human rights and gender equality, these elements often remain absent from co-facilitator summaries or are limited to specific contexts like adaptation. The briefing notes that the role of civil society and intergovernmental organizations in the ETF and GST processes is a critical factor for ensuring social dimensions are considered in future climate action.
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Document type: Briefing
Missing the 23 Per Cent Target: Roadblocks to the development of renewable energy in Indonesia
The report identifies a 'political equilibrium' in Indonesia where the priorities of maintaining low electricity tariffs and low government subsidies outweigh the commitment to renewable energy targets. Key roadblocks include power purchase price caps (BPP) that make projects unviable, policy instability, and the dominant influence of the state-owned utility PLN and the coal industry. Experts interviewed for the study unanimously believe the 2025 target will be missed unless significant policy shifts occur.
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Document type: Report
The Triple Win. Fossil Fuel Subsidy Reform and Fuel Taxation: Opportunities for governments to save money, fund sustainable development, and reduce GHG emissions
The report highlights the potential for a 'triple win' through fossil fuel subsidy reform (FFSR) and increased fuel taxation, which could reduce global carbon dioxide emissions by 23% and raise government revenue equivalent to 2.6% of GDP. It notes that global fossil fuel subsidies are approximately USD 425 billion annually and provides examples of India and Indonesia saving USD 15 billion each in 2015 through FFSR. The text links these fiscal instruments to the Paris Agreement and Sustainable Development Goals 7, 12, and 17.
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Document type: Report
INDONESIA ENERGY SUBSIDY NEWS BRIEFING
The document details the Indonesian government's management of energy subsidies across LPG, electricity, and liquid fuels, noting a trend of increasing budget allocations due to delayed reforms and external price pressures. It highlights the transition to targeted subsidies using poverty databases and smart cards, the implementation of the 'One Price Policy' to ensure fuel affordability in remote areas, and the long-term financial implications of capacity payments for coal-fired power plants.
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Document type: Briefing
Global Trends in Artisanal and Small-Scale Mining (ASM)
The report highlights the explosive growth of artisanal and small-scale mining (ASM), with an estimated 40.5 million direct workers in 2017. It examines the sector's critical role in global mineral supplies—including 20% of gold and 80% of sapphires—while detailing severe environmental and health risks, particularly from mercury use in gold mining. The document analyzes the tensions between ASM and large-scale mining (LSM), the limitations of current certification schemes, and the necessity of inclusive formalization processes that address the poverty-driven nature of the sector rather than focusing solely on entrepreneurs.
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Document type: Report
BROWN TO GREEN
This executive summary from the 2018 'Brown to Green' report analyzes the progress of G20 countries toward a low-carbon economy. It highlights a significant gap between current Nationally Determined Contributions (NDCs) and the goals of the Paris Agreement, noting that G20 energy-related CO2 emissions began increasing again in 2017 and that 82% of the G20 energy supply remains dependent on fossil fuels.
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Document type: Executive summary
PRE-ISSUANCE VERIFICATION LETTER
Sustainalytics verified that AC Energy's green bond framework meets the Climate Bonds Standard Version 2.1 for wind, solar, and geothermal energy. The bond intends to finance new and existing projects across the Philippines, Australia, Vietnam, and Indonesia, including a geothermal facility with emissions of 30.14 gCO2equ/kWh. AC Energy aims to develop 5 GW of renewables capacity by 2025.
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Document type: Statement
Creating Green Bond Markets – Insights, Innovations, and Tools from Emerging Markets
The report analyzes the growth of green bond markets in emerging economies, highlighting the critical role of national guidance and alignment with international standards like the Green Bond Principles. Through case studies of countries such as China, Indonesia, and Morocco, it identifies key barriers—including lack of capacity and limited investor demand—and proposes a 'Green Bond Market Development Toolkit' featuring a self-assessment matrix and a roadmap of milestones to accelerate sustainable capital flows.
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Document type: Report
GREEN BONDS THE STATE OF THE MARKET 2018
The global green bond market reached a cumulative issuance of USD 521bn by 2018, with USD 167.6bn issued in 2018 alone. The USA, China, and France emerged as the leading national markets. The report highlights a significant increase in issuance from financial institutions, particularly commercial banks, and a growing trend toward shorter-dated bonds. While Europe remains the largest overall market, the Asia-Pacific region saw the highest year-on-year growth at 35%. The market is also diversifying into other labelled instruments, including sustainability, social, and blue bonds, and expanding into emerging markets through the adoption of regional standards like the ASEAN Green Bond Standards.
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Document type: Report