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Shaping Climate Ambition at COP29: Securing Finance and Advancing a Just Transition

The National Business Initiative (NBI) is excited to co-host the South African Pavilion at COP29 alongside the Government of South Africa. As the world faces unprecedented climate challenges, with rising global temperatures and extreme weather events impacting lives across the globe, COP29 presents a crucial moment for action. 

A central theme of COP29 is finance—trillions of dollars are needed to help countries reduce greenhouse gas emissions and safeguard communities from the intensifying effects of climate change. Securing this funding is vital to creating a sustainable and resilient future. COP29 also serves as a pivotal opportunity for countries to present their updated national climate action plans, due by early 2025, in line with the Paris Agreement. These plans, if executed effectively, will help limit global warming to 1.5°C and serve as blueprints for advancing the Sustainable Development Goals.

We extend our heartfelt thanks to our sponsors for their invaluable support in making the South African Pavilion a vibrant space for business, government, civil society, and youth to engage in dynamic discussions on strengthening climate action and driving a just transition.

For more details or to get involved, please contact Bhavna Deonarain at BhavnaD@nbi.org.za.

Annual Conference of the Parties (COP) Events

The National Business Initiative (NBI) offers its member companies an international leadership platform on which to demonstrate their climate action and commitments and build the networks necessary for implementation. This platform is the South Africa Pavilion that the NBI hosts in collaboration with the Department of Forestry, Fisheries, and the Environment (DFFE) each year.

The annual Conference of the Parties, or COP, refers to the main decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC). This is UN lead Climate Change Conference that takes place in a different host country each year. It includes representatives of 198 countries that are signatories to the UNFCCC, of which 194 are signatories to the landmark agreement for the mitigation of climate change, the Paris Agreement.

The COP represents the platform to negotiate and assess the effectiveness of measures introduced by the Parties to limit the impacts of climate change and meet the Paris Agreement goal of keeping the average global temperature increase to well below 2˚C above pre-industrial levels.

South Africa’s pavilion in the Blue Zone, comprises of over 40 business organisations and social partners each year. This is one of the NBI’s most impactful leadership platforms and is a strong platform for our member companies to also demonstrate their leadership in these spaces in the international arena. It is also a space aimed to bring an ambitious and coordinated business voice on climate action for South Africa.

South African business and government stakeholders have recognised both the physical and transition risks presented by climate change to the country’s economy and society. In response, we have, over the past two and a half years, developed well researched and widely consulted decarbonisation pathways to net-zero emissions by 2050 and to a more sustainable, resilient, and socially inclusive society. These pathways are ambitious, and as a developing country characterised by high levels of unemployment, inequality and poverty, as well as low economic growth, we also need to pursue them in a way that is Just and ensures that no one is left behind. To successfully implement a Just Transition in South Africa, there is a need to make bold commitments and raise finance to support them.

COP29

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Please note: the below event times are in local Baku time (UTC+4)‎.

Day 1: Monday 11 November 2024

Title: Pathways to building scalable enterprises in the context of critical minerals in Africa
Host: Africa Centre for a Green Economy
Time: 13:00 – 14:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Leveraging Climate Finance Flows to Engage the Capital Market and Increase Climate Finance Flows for the Just Transition 
Host: Presidential Climate Commission
Time: 14:30 – 15:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 2: Tuesday 12 November 2024

Title: National Climate Finance Institutional Arrangements
Host: Presidential Climate Commission
Time: 14:15 – 15:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: South Africa’s G20 Presidency and the Road to COP30
Host: South African Institute of International Affairs
Time: 16:00 – 17:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 3: Wednesday 13 November 2024

Title: Implementation of IDC’s Sustainable Industrial Pathways: Developing a Pipeline of Projects for a Just Transition
Host: Industrial Development Corporation
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: How mobility can catalyse hydrogen economy scale up and a just energy transition in emerging markets: South Africa as a blueprint
Host: Accenture
Time: 11:30 – 12:30
Venue: South Africa Pavilion at COP29: Pavilion C14  in the Blue Zone
Facilitator: Mauricio Bermudez Neubauer and Bradford Matteson Willis
Speakers: Anglo American, Sasol, Total Energies, Bambili Energy 

Title: Climate Finance in Listed Markets
Host: Old Mutual Limited
Time: 13:00 – 14:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Just Transition at Grootvlei Power station and project opportunities and implementation
Host: Dipaliseng Just Energy Transition Task Force
Time: 14:15 – 15:15
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Beyond the Mandate: A Cross-Ministry Perspective on Climate Action Capacity
Host: International Water Management Institute
Time: 15:30 – 16:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Exploring regional opportunities for economic diversification in the transition to a low carbon economy
Host: African Centre for a Green Economy
Time: 16:30 – 17:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 4: Thursday 14 November 2024

Title: Engaging Business for an Ambitious and Investible South African NDC
Host: We Mean Business Coalition and National Business Initiative
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Climate solutions investment opportunities
Host: United Nations High-Level Climate Champions
Time: 11:15 – 12:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Launch of Just Energy Transition Funding Platform
Host: Just Energy Transition Project Management Unit
Time: 13:00 – 14:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Crowding in private institutional capital to Africa’s Green Economy
Host: Old Mutual Limited
Time: 14:45 – 15:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Just Energy Transition in Africa – Exploring the role of SMEs in this journey
Host: United Nations High-Level Champions
Time: 16:00 – 17:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone
Facilitator: Anish Chandra 

Title: Fostering climate partnerships through private sector engagement: Lessons from Denmark and South Africa
Host: National Business Initiative, Danish Industry, and State of Green
Time: 17:00 – 18:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Denmark and South Africa Business Reception
Host: National Business Initiative, Danish Industry, and State of Green
Time: 18:00 – 19:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 5: Friday 15 November 2024

Title: Just Energy Transition Finance Dialogue
Host: Just Energy Transition Project Management Unit
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: South Africa Skilling for JET: Empowering Communities for Just and Sustainable Futures
Host: National Business Initiative
Time: 11:15 – 12:15
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Unpacking South Africa’s Renewable Electricity Landscape – the business case for investing in renewable energy
Host: National Business Initiative, Climate Group and World Business Council for Sustainable Development
Time: 12:15 – 13:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Old Mutual Limited Corporate Sustainability Showcase
Host: Old Mutual Limited
Time: 14:00 – 15:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Komati Lessons Learnt and Implementation at Grootvlei power station
Host: Eskom
Time: 15:15 – 16:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 6: Saturday 16 November 2024

Title: Climate change adaptive and resilient businesses – social and economic implications on loss and damage
Host: Eskom
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Unlocking climate risk insurance for adaptation and resilience
Host: African Climate Foundation, Krutham
Time: 11:15 – 12:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Making the Just Energy Transition practical: The intersection of skills and investment in South Africa
Host: National Business Initiative and Danish Industry
Time: 13:00 – 14:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Power to the People: Fostering Community Voices in South Africa’s Energy Transition
Host: Indalo Inclusive South Africa NPC, Mpumalanga Provincial Department of Agriculture, Rural Development, Land and Environmental Affairs (DARDLEA), Dipaleseng Just Energy Transition Task Team and Komati Steering Committee
Time: 14:45 – 15:45
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Financing the Just Transition and Climate Actions at the Local Level
Host: South African Local Government Association
Time: 16:00 – 17:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 7: Sunday 17 November 2024 – [Rest Day – COP is closed]

Day 8: Monday 18 November 2024

Title: A coordinated, government-led vision for Skilling for JET in South Africa
Host: National Business Initiative and Department of Higher Education and Training
Time: 10:00 – 11:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Barriers and opportunities in unlocking funding for energy transition projects
Host: Eskom
Time: 12:30 – 13:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Accelerating Mpumalanga’s Just Energy Transition: Empowering Green and Inclusive Enterprises
Host: Indalo Inclusive South Africa NPC, Mpumalanga Provincial Department of Agriculture, Rural Development, Land and Environmental Affairs (DARDLEA), Department of Forestry, Fisheries and the Environment (DFFE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Time: 14:00 – 15:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Unlocking Climate Finance for Africa Through Capacity Building: Lessons from Success Stories
Host: Global Capacity Building Coalition
Time: 15:15 – 16:15
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: A sustainability showcase: Innovations and toolkits supporting climate action and ambition
Host: National Business Initiative
Time: 16:30 – 17:30
Presenters: Polyco, Global Capacity Building Coalition, BSR and Just Transition Taskforce, WMBC 
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 9: Tuesday 19 November 2024

Title: Innovative Solutions for Water Scarcity: Harnessing AI and Blockchain in Southern Africa
Host: Blockchain and Climate Institute
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Climate Information and Early Warning Systems (CIEWS) to inform climate resilient infrastructure investments in Southern Africa
Host: Development Bank of Southern Africa (DBSA)
Time: 11:30 – 13:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Overview of Mpumalanga Just Transition landscape opportunities and implementation
Host: Mpumalanga Department of Agriculture, Rural Development, Land and Environmental Affairs
Time: 13:15 – 14:15
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Building a Disaster Management System for a Resilient Local Government
Host: South African Local Government Association
Time: 14:15 – 15:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Nature Positive in Action
Host: PAMSA
Time: 16:00 – 17:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 10: Wednesday 20 November 2024

Title: Industrial Symbiosis as a tool for Just Transition in Mpumalanga and fast-tracking of the waste economy
Host: CSIR-NCPC
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Advancing a “Just” Business Role in Energy Transitions – Lessons from Emerging and Developing Economies  
Host: Institute for Human Rights and Business, NBI, BSR, B-Team and We Mean Business Coalition
Time: 11:30 – 13:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Implementation of Nature-Based Solutions to achieve Nature Positive and SDGs
Host: IUCN (International Union for Conservation of Nature)
Time: 13:30 – 14:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Implementing the Just Energy Transition in Local Government
Host: South African Local Government Association
Time: 15:00 – 16:15
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: From Carbon Capture to Crop Yield: SUISO’s Integrated Approach to Agricultural Innovation
Host: SUISO
Time: 16:30 – 17:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Day 11: Thursday 21 November 2024

Title: Building awareness and Entrepreneurship opportunities for a Gender Equal and Inclusive Just Transition in eMalahleni Local Municipality
Host: Emalahleni Local Municipality
Time: 10:00 – 11:00
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Gender, Climate Change and the Just Transition
Host: South African Local Government Association
Time: 11:00 – 12:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: Community inclusivity is the key mechanism to drive the just transition and a green future
Host: Ward 4 Komati Steering Committee
Time: 13:00 – 14:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

Title: High Level Dialogue: Global Initiative for Nature, Renewables and Grids – Supporting a Nature and People Positive Energy Transition
Host: IUCN
Time: 15:00 – 16:30
Venue: South Africa Pavilion at COP29: Pavilion C14 in the Blue Zone

COP28

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  • NBI’S COP28 MEDIA COVERAGE REACHED 65 474 209 PEOPLE (R4 MILLION AVE) SURPASSING COP27: General media coverage that the NBI received for the SA Pavilion reached 13.5 million people more than the previous year (51 888 687 in 2022), generating an additional R1.1 million of ad-value equivalent (up from R3 million AVE in 2022).
  • SOCIAL MEDIA CAMPAIGN REACHED MILLIONS: The #COP28 social media campaign reached millions online, with NBI’s #SAPavilion campaign comprising over 300 individual social media banners promoting our sponsors, their work, events and quotes from their c-suite executives.
  • PROFILING OF CEOs, EXECUTIVES AND LAUNCH EVENT PROFILED LIVE ON SABC, eNCA, NEWSROOM AFRIKA and CNBC TV CHANNELS: First COP that the SA Pavilion and delegates were featured 4 TV stations. The COP28 Launch Event was live on our national TV stations with additional daily live crossings, broadcasts and interviews with the #SA delegation live from the SA Pavilion.
  • HOSTING 59 EVENTS IN JUST 10 DAYS: Together with our sponsors, partners and a range of key stakeholders, we once again broke the record for most events hosted at the SA COP Pavilion, bringing together diverse stakeholders from the public and private sectors, youth representatives, civil society, NGOs, academia, and even ANC Chairperson Hon. Gwede Mantashe, who engaged in a Just Transition energy debate as an audience member.
  • 7953 PEOPLE WATCHED OUR EVENTS OVER 10 DAYS (LIVE AND ONLINE): We had hundreds of visitors attending events in person at the COP28 Pavilion, with 1685 on Zoom and 5268 views on our YouTube channel. This is over double the number from COP27, with YouTube views at 2346 in 2022. This highlights an increased awareness and interest in the SA Pavilion events.
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COP27

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The pavilion at COP27 demonstrated South Africa’s Just Transition and climate commitments through showcasing action taken by business, youth, labour, civil society and government

  • VISIT BY PRESIDENT RAMAPHOSA: Visit to the Pavilion by President Cyril Ramaphosa (watch the video here), as well as esteemed Ministers Ms Barbara Creecy (Minister of Environment, Forestry and Fisheries) and Dr Naledi Pandor (Minister of International Relations and Cooperation).
  • LAUNCH OF THE JUST ENERGY TRANSITION INVESTMENT PLAN (JET-IP): President Cyril Ramaphosa successfully launched the government’s Just Energy Transition Investment Plan (JET-IP) at the World Leader’s Summit, hosted in the first week of COP27. A number of JET-IP conversations were hosted at the pavilion.
  • LARGEST BUSINESS DELEGATION TO A UN CLIMATE CONFERENCE: The South Africa pavilion at COP27 saw the biggest business delegation to date, including the largest delegation of CEOs, Board Chairs, Managing Directors, Vice Presidents and Sustainability Executives. This afforded a truly unique setting for hosting crucial conversations and providing key networking and opportunities for strategic conversations to take place. Hear what our sponsors had to say in this COP27 Pavilion Journey
  • HOSTING 56 EVENTS IN JUST 8 DAYS: Together we hosted a record number of events for a South Africa COP Pavilion, bringing together a range of key stakeholders who also participated in events, including several youth, civil society, academia, and labour representatives (including COSATU). See the full schedule of South Africa Pavilion Events.
  • 5,870 PEOPLE WATCHED OUR EVENTS IN 8 DAYS: We had ~1,000 visitors attending the COP27 Pavilion events in person, with 2,524 on Zoom and 2,346 watching the live streaming on our YouTube channel. At any one time, the Pavilion had between 50 to 140 visitors from South Africa and around the world utilising the space and facilities.
  • NBI’S MEDIA COVERAGE REACHED 51,888,687 PEOPLE: General media coverage that the NBI received for the SA Pavilion reached 51,888,687 people and amounted to over R3 million of ad-value equivalent (AVE).
  • LAUNCH EVENT PROFILED LIVE ON SABC & eNCA TV CHANNELS: The COP27 Launch Event was shown live on national TV stations: SABC and eNCA in South Africa. In addition, there were daily broadcasts and interviews at our pavilion by a variety of local and international media. Overall, there were 21 TV/radio broadcasts, reaching over 49 million people and resulting in R1,790 293 (AVE).
  • SOCIAL MEDIA CAMPAIGN REACHED 975 000 PEOPLE ONLINE: The NBI’s month long #NBICOP27 social media campaign reached 975 000 people online with 674 post mentions. This massive campaign comprised 220 social media banner designs and copy, amounting to 466 items of user generated content.

Here are what some of our key sponsors and stakeholders had to say about the South African COP27 Pavilion, as profiled in our COP27 video series:

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“We have been working with the private sector for many years now, this partnership around this Pavilion goes back five or six years with the National Business Initiative. And I’m happy to say that this year is the biggest participation we have head by a business delegation. And what you can see all around me, are actors from all over the world, showing off the contribution they are making to the green technological revolution.”

Minister Barbara Creecy (Minister of Environment, Forestry and Fisheries)

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“The Pavilion is very important for South Africa to represent itself. We are one of the global leaders in the Just Energy Transition initiative. I think representing ourselves is very important to demonstrate our flagship projects and also to get the attention of lenders and prospective lenders, so there is a clear business case to have a South African Pavilion. The design of the Pavilion is really clean and fresh, it’s open and inviting, we’ve seen a lot of people wander in, participate in discussions and become more interested in using the space and facilities.”

Andre de Ruyter (Previous Eskom CEO)

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“At COP27, the South African Pavilion is THE place to hang out. There’s always a buzz, there are lots of people coming and going and it’s a very clever combination of meeting space and events […] so it’s got just the right combination of spaces to make it the perfect place to meet and connect.”

Dr Crispian Olver (Executive Director – Presidential Climate Commission (PCC))

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“This is the fifth time that Government and the NBI have jointly run a pavilion. I would say that not only has it been the biggest pavilion, but it has also been the best. We have had a fabulous set of sponsors from across South African business. We’ve had a large number of CEOs and senior business leaders at the pavilion. And we have been able to put on a series of events that have brought together a wide range of diverse stakeholders.”

Joanne Yawitch (NBI CEO)

Key COP27 South African Pavilion Resources

  • NBI’s Summary COP27 Report and Mailer:

Mailer: Reflecting on COP27

  • NBI’s COP27 Op-Ed Series:
  1. Business Day: South Africans will see real change soon, due to the Just Energy Transition Partnership
  2. Mail and Guardian: Post COP27 Outlook: South Africa needs to get going on the transition to a low carbon economy