CCUS represents a dynamic approach wherein carbon dioxide (CO2) is captured directly from significant emission sources such as power plants or major industrial units that rely on fossil fuels or biomass. Post-capture, if the CO2 isn’t utilized immediately on the premises, it undergoes compression. Subsequently, depending on requirements, it’s conveyed via pipelines, vessels, rail systems,…
Being grey listed for a prolonged period of time has an impact on a country’s ability to access international financial markets and leads to increased scrutiny from financial institutions and regulators.[2] Notwithstanding the robust anti-money laundering and counter financing of terrorism laws in South Africa, it is in the implementation as well as the policing, prosecuting and asset forfeiture where grey listing may be inevitable. The global financial crime watchdog, formally known as The Financial Action Task Force (FATF)[3], has, identified strategic deficiencies in the ability of South Africa’s systems to counter money laundering and the financing of terrorism.[4] This decision was announced on 24February 2023, as a consequence of South Africa’s poor compliance with International Standards around the prevention of money laundering, terrorist financing and proliferation financing.[5]
On June 28, 2023, a World Economic Forum report released a striking revelation about the global energy transition. After a decade of remarkable progress, the transition has reached a standstill due to the international energy crisis and widespread geopolitical instabilities. The report, titled ‘Fostering Effective Energy Transition 2023,’ raised critical concerns about the fairness of…
The global push towards a low-carbon economy has spotlighted the urgent need for climate finance. As revealed during the COP27 summit, $4-6 trillion per year is essential for this transformation. Developing nations alone require nearly $5.9 trillion to meet their climate commitments by 2030. In this scenario, climate FDI (Foreign Direct Investment aligned with climate…
The International Civil Aviation Organization (ICAO) embarked on a transformative journey of “Decarbonization in Aviation,” aiming to achieve net-zero emissions in the global aviation sector by 2050. This ambition underscores the broader commitments of the aviation industry and different nations, while also acknowledging the considerable hurdles faced by the sector, one of the most difficult…
In the face of a climate crisis, renewable energy investment has become an urgent global need. However, as per the World Investment Report 2023, developing countries are struggling to meet their renewable energy investment needs, which are projected to be around $1.7 trillion per year, yet they only secured $544 billion in 2022. The Urgent…
Die Centurion Law Group ist stolz darauf, Oneyka Cindy Ojogbo und Zion Adeoye als neue Partner und Aktionäre der Kanzlei bekannt zu geben.
Centurion Law Group is proud to announce the promotion of Oneyka Cindy Ojogbo and Zion Adeoye as the firm’s latest partners and shareholders.
Die Centurion Law Group ist stolz darauf, Oneyka Cindy Ojogbo und Zion Adeoye als neue Partner und Aktionäre der Kanzlei bekannt zu geben.
Le Centurion Law Group est fier d’annoncer la promotion de Oneyka Cindy Ojogbo et de Zion Adeoye en tant que nouveaux associés et actionnaires du cabinet.
In the face of intensifying climate change challenges, an urgent pivot towards sustainable energy is paramount. Hydrogen fuel stands out as a potential game-changer in this scenario. This article explores the compelling case for hydrogen fuel, its myriad benefits, and the pivotal role that students can play in increasing public understanding about this transformative energy…
As the global community accelerates its journey towards renewable energy, the green hydrogen potential in Sub-Saharan Africa has emerged as a potent factor for sustainable energy and economic development. The region’s abundant renewable resources combined with advancing technology can pave the way for a green hydrogen revolution. Understanding the Green Hydrogen Potential in Sub-Saharan Africa…