Institute for Sustainability Africa

Advancing Sustainability Intiatives for Africa

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Shareholders delivered historic majority votes at Kinder Morgan today, with global investors helping pass key climate and sustainability resolutions, Ceres said in a statement. Kinder Morgan is one of the largest energy infrastructure companies in North America. “Investors have significant concerns about how Kinder Morgan is - or is not - positioning itself for resilience consistent with clean energy transition,” said Sue Reid, vice president of climate and energy at Ceres.

Sub-Saharan African countries could increase tax revenue by an average of 5 percent of gross domestic product — much more than what they receive in international aid — if they reform their tax policies, the International Monetary Fund said. Key steps would be to strengthen value-added tax systems, streamline exemptions and expand coverage of income taxes, the Washington-based IMF said in its regional economic outlook released Tuesday.

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