Power
South Africa needs to commit to transitioning to net-zero by 2050 – report
As a country with one of the most emissions-intensive power sectors in the world, and as a nation that is particularly vulnerable to the impacts of climate change, South Africa needs to commit to find ways to transition to a net-zero emission economy by 2050, National Business Initiative (NBI) CEO Joanne Yawitch asserts.
SA needs R3 trillion to become a net zero emissions economy
South Africa would need R3 trillion within the next 30 years to transition to ensure its power system reduces emissions of CO2.
SAIEE The South African Institute Of Electrical Engineers - Finding pathways to a decarbonised power sector in South Africa
A Power Sector Decarbonisation Report by the National Business Initiative (NBI), Business Unity South Africa (BUSA) and Boston Consulting Group (BCG) shows that it is possible for South Africa to decarbonise its economy, by around 2050, and looks at ways to ensure a just transition that is economically, socially and environmentally sustainable and which leaves no one behind.