financing

Glencore, Anglo Join South Africa in $1.5 Billion Water Plan

Glencore, Anglo Join South Africa in $1.5 Billion Water Plan

Some of the world’s biggest mining companies are working with South Africa’s government on a 27 billion rand ($1.5 billion) water project to supply major platinum and chrome operations and several hundred thousand people with drinking water. Glencore Plc and Anglo American Platinum Ltd. are among the companies attempting to secure half of that amount in financing by the end of the year with the rest of the funds to be sourced by municipalities and the government. 

Canada contributes to financing a project to enhance climate resilience of Southern Iraq's agriculture sector and empower women as change agents [EN/AR]

Canada contributes to financing a project to enhance climate resilience of Southern Iraq's agriculture sector and empower women as change agents [EN/AR]

Activities under the agreement include providing technical assistance, strengthening the leadership and active engagement of women farmers in the promotion and adoption of climate smart agriculture, improving agricultural value chain efficiency and rural electrification. Furthermore, the activities will also provide updated digital tools for a more sustainable natural resource management in agriculture.

Amid struggling COP15 talks, Indigenous leaders from Canada offer some solutions

Amid struggling COP15 talks, Indigenous leaders from Canada offer some solutions

Talks on a plan to protect land and water globally are underway at the COP15 meeting in Montreal, with the host nation Canada among a legion of countries pushing for a “30×30” deal to protect 30% of the world’s land and ocean by 2030. Agreements on the targets, approaches and language in the post-2020 global biodiversity framework have been especially slow, with ministers from around the world set to arrive tomorrow to approve on the text. Indigenous delegates and analysts are calling for the integration of Indigenous land rights, knowledge and financing to resolve the 30×30 conservation target, citing Canada’s guardians program as a successful way to meet area-based conservation goals.

BBGI invests in InPower BC

BBGI invests in InPower BC

BBGI Global Infrastructure S.A. has completed an investment in InPower BC General Partnership, the entity responsible for delivering the John Hart Generating Station Replacement Project in Canada. The company said it made the CA$41 million investment through its existing strategic partnership with SNC-Lavalin Group Inc. The public-private partnership project consisted of the design, construction, financing, maintenance and rehabilitation of a new three-turbine, 132MW hydroelectric power generation station on the Campbell River, British Columbia, including a three generating unit underground powerhouse, 2.1 km of water passage tunnels and a water bypass system to protect downstream fish habitat. The new infrastructure replaces the outdated above ground facilities which were built in 1947 with a more reliable, seismically robust and environmentally friendly facility. The project is Canada's first public-private partnership project in the hydropower sector.

Regina community associations urge City not to delay lead water line replacements

Regina community associations urge City not to delay lead water line replacements

Several Regina community associations are pushing the City of Regina to replace lead pipes in the city as soon as possible instead of spreading the project over 15 years. City council will consider approving administration’s recommendation to go with a 15-year lead service connection replacement program during Wednesday’s council meeting. This follows city council’s unanimous decision in 2019 to commit to replacing all lead service lines within five years.