South African business is throwing its weight behind the transitioning power generation from fossil fuel reliance to net-zero emissions requiring the deployment of 150GW wind and solar capacity by 2050. Banele Ginindza, IOL Business Report, 15 October 2021.
In The News
|If South Africa can unlock disruptive technology, in particular green hydrogen, it could decarbonise its petrochemicals and chemicals sectors and become a leading global producer of green fuels and chemicals for both domestic use and export. Terence Creamer, Engineering News, 12 October 2021.|
|The business community of South Africa, including coal miners, coal processors and unions, shares the sentiment that the just energy transition must be implemented in a responsible manner if the country is to reach carbon neutrality and not damage the economy. Marleny Arnoldi, Mining Weekly, 8 October 2021.|
A change in the mindsets of professionals and businesses with regards to water and wastewater treatment processes is emerging. Zaid Railoun, Smart Water Magazine, 6 October 2021.
The Climate Finance Accelerator (CFA) South Africa has announced 13 innovative low-carbon projects it will support to support financing from investors following a request for proposal that received 120 applications. ExBulletin, 6 October 2021.
|Not since COP21 in 2015 (the meeting that produced the Paris Accord) have we seen such hope on global agreements and commitments around climate change as we do for the forthcoming UN Climate Change Conference of the Parties 2026 — or COP26 — set to take place in Glasgow from October 31 to November 12. James Formby, The Sunday Times – Business, 26 September 2021.|
|The bank’s chief risk officer says banks can’t stand on the sidelines of the climate crisis debate. Sarah Smit, Mail & Guardian – Business, 23 September 2021.|
A recent study by the National Business Initiative highlighted the persisting levels of gender inequality, not only in South Africa but around the world. Bryden Morton & Cris Blair, Moneyweb, 11 September 2021.
The economic effects of climate change may be worse than previously thought. This is according to a new economic modelling analysis by a team of researchers from European and US universities, published on Monday in the Environmental Research Letters journal. Garth Theunissen, Business Day, 7 September 2021.