King Carl Tornam Duho Presents a Forthcoming Book Chapter on Climate Change Reporting in Africa’s Mining Sector | The Vaultz News
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, April 17, 2021
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • 20MOBPL2DNew
No Result
View All Result
The Vaultz News

King Carl Tornam Duho Presents a Forthcoming Book Chapter on Climate Change Reporting in Africa’s Mining Sector

  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • 20MOBPL2DNew
No Result
View All Result
The Vaultz News
No Result
View All Result

King Carl Tornam Duho Presents a Forthcoming Book Chapter on Climate Change Reporting in Africa’s Mining Sector

March 1, 2021
Stephen AbankwahbyStephen Abankwah
in Africa, Extractives/Energy
0
King Carl Tornam Duho Presents a Forthcoming Book Chapter on Climate Change Reporting in Africa’s Mining Sector

Global development policy issues of the current time encompass issues of climate change and its allied issues. Thus, stakeholders in government institutions, civil society, business, development organisations, investors and researchers are making attempts to deepen the understanding, action and response to the climate crisis. The mining sector tends to be a key contributor to Africa’s development and their actions on climate response is key.

A team of researchers are working on a book chapter which is being edited by Dr Victoria Nalule, a Research Fellow at Dundee University and the CEO of Nalule Energy & Mining Consultants. The title of the book is “Mining Regulations and Governance in Africa: Current Problems and Future Prospects”.

King Carl Tornam Duho, the Technical Director of Accra-based research and management consulting firm, Dataking Consulting, is one of the chapter contributors. He is also a research consultant with IMANI Centre for Policy and Education, one of Africa’s finest policy Think Tanks. King Carl is a Chartered Management Accountant and has published recent studies on the extractive industries of Africa, with 2 articles published in Cambridge University’s Journal of Financial Crime. He researches on the interrelationship between accounting, finance and economics. Climate change practice in business and finance is one of his critical foci of research and his book chapter titled, “Climate Change Reporting among Mining Firms in Africa: Practice, Theory and Policy” is one of the products.

In a Webinar which was streamed live on YouTube to discuss the synopsis of the book chapter with the Editor, King Carl highlighted the important role of climate change in Africa and specifically in the mining sector. He notes that there are planetary boundaries that need to be considered which climate change is one of and the role of business in reducing greenhouse gas emission is key. He notes that his chapter highlights the current state of climate reporting and explore the determinants of reporting practices among mining firms.

He argues that the Grantham Research Institute on Climate Change notes that there is a total of about 2096 climate laws and policies globally, 425 in Africa and 384 in Sub-Saharan Africa. He notes how only a few of them are laws while the majority are policies showing weak legislative sanction on climate issues. He expresses worry about how political manifestoes in Africa do not capture enough climate adaptation and mitigation issues.

King Carl Tornam Duho, Technical Director, Dataking Consulting

He notes that a problem regarding climate reporting in mining firms is the multiplicity of climate disclosure standards which results in inconsistencies and a lack of harmonization. He mentions how institutions like the Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC), Climate Disclosure Standards Board (CDSB), Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) are making so many strides. He points out a future with a much more standardized reporting practice with international players like the IFRS Foundation.

King notes that the chapter also explores the determinants of climate change disclosure among the mining firms. He indicated that based on empirical results, large board size and board independence enhance climate disclosure among the firms which is pointing towards the relevance of corporate governance best practices. Again, large firms and firms that are signatories to the United Nations Global Compact (UNGC) tend to disclose more. Moreover, the human development of countries which is the function of the level of education and health drives the disclosure on climate change issues. The chapter also highlights that countries perceived to be less corrupt tend to have mining firms that disclosu more on climate change.

King believes that although larger mining firms may tend to be reporting more on climate change because of their access to the financial capital, expertise and interest in using it to build their reputation, the small-scale mining firms should also be deeply involved in contributing to climate action. He expresses worry about how the concept of greenwashing may make firms to report while they are not actually reducing their greenhouse gas footprint. He believes a multi-stakeholder action is needed involving the corporate boards, C-suite executives, the investor communities, governments, practitioners, civil society, policymakers and the communities, among others.

One of the participants, Adams Abdulai Aziz asks what are the chapter contributor’s take on issues regarding challenges in measuring climate change empirically and issues of data access and availability. King Carl bemoans, “For Africa, data is a key issue [and] we keep having challenges with that, so data availability is key. For even the [mining] firms, being able to report on climate change [requires] having to do computations, bring people. [Ask questions about] what is your greenhouse gas emissions? What are the predictions, what are the simulations and all of that?”. He notes that the data issue is key and the expertise to handle the data for Africans leave so much to be explored.  The chapter is forthcoming and will be published with an international publisher in the coming months.

READ ALSO: Ghana’s commitment to ending routine Gas flaring by 2030 in view?

Tags: Climate ChangeClimate crisisClimate reportingminingResearch
Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
Previous Post

Financial Inclusion: Are we really creating an enabling environment?

Next Post

CHADWICK BOSEMAN WINS BEST ACTOR GOLDEN GLOBE, HIS WIFE ACCEPTS IN AN EMOTIONAL SPEECH.

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

African Union holds conference to fast-track local vaccine development
Africa

African Union holds conference to fast-track local vaccine development

April 16, 2021
Sub-Saharan Africa needs $425 billion over the next 5 years- IMF
Africa

Sub-Saharan Africa needs $425 billion over the next 5 years- IMF

April 16, 2021
US slaps visa ban on Ugandans linked to disputed elections
Africa

US slaps visa ban on Ugandans linked to disputed elections

April 16, 2021
Cape Verde to Host 9th Conference on Climate Change and Development in Africa
Africa

Cape Verde to host 9th Conference on Climate Change and Development in Africa

April 16, 2021
FAO, AU launch a guide to boost intra-African agricultural trade
Africa

FAO, AU launch a guide to boost intra-African agricultural trade

April 15, 2021
Women must lead the way for economic independence in Africa- Silver Ojakol
Africa

Women must lead the way for economic independence in Africa- Silver Ojakol

April 15, 2021
China accuses US, Japan of ‘stoking division’
Asia

China accuses US, Japan of ‘stoking division’

by DerrickApril 17, 2021
COVID-19 case count drops, 42 new cases recorded
General News

COVID-19 case count drops, 42 new cases recorded

by Priscilla KorantengApril 17, 2021
President of the Ghana Independence Broadcasters Association (GIBA), Andrews Danso-Ahenkorah, has expressed the need for enacting broadcasting law.
General News

We need media regulations for development- GIBA

by Angeller AshongApril 17, 2021
BOG educates the public on dormant accounts
Banking

BOG educates the public on dormant accounts

by Stephen KotochieApril 17, 2021
African Union holds conference to fast-track local vaccine development
Africa

African Union holds conference to fast-track local vaccine development

by Stephen AbankwahApril 16, 2021
Sub-Saharan Africa needs $425 billion over the next 5 years- IMF
Africa

Sub-Saharan Africa needs $425 billion over the next 5 years- IMF

by Stephen KotochieApril 16, 2021
China accuses US, Japan of ‘stoking division’
COVID-19 case count drops, 42 new cases recorded
President of the Ghana Independence Broadcasters Association (GIBA), Andrews Danso-Ahenkorah, has expressed the need for enacting broadcasting law.
BOG educates the public on dormant accounts
African Union holds conference to fast-track local vaccine development
Sub-Saharan Africa needs $425 billion over the next 5 years- IMF
[/vc_row_inner]

Trending

  • Akuapem Poloo has been sentenced to three months in prison. This follows the social media sensation posting some naked photos of herself and her son

    Akuapem Poloo Sentenced, All hope not lost- Lawyer

    38 shares
    Share 15 Tweet 10
  • WTO calls for applications for its 2022 Young Professionals Program

    29 shares
    Share 12 Tweet 7
  • Revise laws on stability clauses in petroleum agreements, the sector is de-risked- Dr Ali-Nakyea

    19 shares
    Share 8 Tweet 5
  • Stonebwoy applauds government for fixing Tema motorway street lights

    15 shares
    Share 6 Tweet 4
  • TUC Starts Processes for Negotiation Of 2021 Minimum Wage

    80 shares
    Share 32 Tweet 20
Snow

The Vaultz News

Copyright © 2020 The Vaultz. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • 20MOBPL2D

Copyright © 2020 The Vaultz. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address
The Vaultz News


This website uses cookies to enable, optimise and analyse site operations, as well as to provide personalised content and allow to connect to social media. By clicking "ACCEPT" you consent to the use of cookies for non-essential functions and the related processing of personal data. You can adjust your cookies and associated data processing preferences any time in our "Cookies settings". Please view our cookies policy to learn more about the use of cookies on our website.

Cookies settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT
0
0
Would love your thoughts, please comment.x
()
x
| Reply