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You are here: Home / Archives for Energy

Energy

29 July 2024

Minister Ramokgopa commits to finding ‘enduring, lasting solution’ to rising electricity costs

Location: News

Minister Ramokgopa commits to finding 'enduring, lasting solution' to rising electricity costs

Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, has moved to assure South Africans that the department is committed, together with the South African Local Government Association (SALGA) and municipalities, to finding an enduring solution to the rising cost of electricity in South Africa.

The Minister was addressing a media briefing on Monday morning.

“There’s been an exponential rise in the cost of electricity. Our electricity pricing plan needs to kick in and that’s the primary preoccupation of the work of the ministry now working with Eskom; working with municipalities and working with SALGA.”

Ramokgopa addressed some initiatives by municipalities, which have not been well received by communities. He cited the example of a “surcharge” (also known as a network fee).

“We really don’t want to engage publicly on the merits of whether the R200 [surcharge] is necessary or not. What we want to do is to find a more enduring and robust solution to this problem,” he said.

The Minister added that discussions with SALGA had already begun during the sixth administration.

“There’s an appreciation that it’s important that we pull together. This situation is untenable. Communities are getting more and more enraged [and] people just can’t afford the cost of electricity.

“As the ministry, together with the Deputy Minister, we have taken a view that we will not fold our arms although that domain… is the exclusive purview of local authorities. Municipalities rightfully say that it’s their domain but we are agreed with SALGA that we are going to resolve this problem domestically,” he said.

Ramokgopa said in finding solutions, the role of the National Energy Regulator of South Africa (Nersa) is indispensable.

“As an independent authority, they’ve got the duty to protect the consumer, they’ve got a duty to interrogate the proposed tariff increases from Eskom and also from municipalities. So what we’re going to do is not to pressure Nersa but to work with Nersa.

“We are going to insist on a Nersa framework… that takes care of the interests of the poor and the marginalised so that we don’t deny them access to electricity. Protect the interests also of the affluent because we can’t get to a situation where the pricing structure is such that it becomes unaffordable over time but also protects industries… that don’t become competitive as a result of the pricing structure.

“We will work with the municipalities. We know what you are going through and it is our intention to resolve this question,” he said. – SAnews.gov.za

NeoB
Mon, 07/29/2024 - 14:05

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29 July 2024

Enriching lives: A Guiding Principle

Location: News
MultiChoice Group

By Fhulu Badugela, CEO of Multichoice Africa (www.MultiChoice.com)

As MultiChoice published its annual ESG report earlier this month, I was struck by the aptness of the term sometimes used in relation to such documents: integrated reporting. Integration is fundamental to any kind of environmental, social and governance (ESG) impact. 

MultiChoice Group has had three decades to find that particular sweet spot, refining its formula of enriching lives, while transforming African entertainment and broader society. 

The beauty of the approach can be seen in the way key business touchpoints dovetail with ESG principles. 

By way of illustration, the MultiChoice commitment to hyperlocal storytelling has meant a need to create homegrown, locally relevant content. This in turn has led MultiChoice to create regional MultiChoice Talent Factory (MTF) academies in Nairobi, Lagos and Lusaka, training aspiring filmmakers.  

Not only has this created a rich pipeline of authentic talent, it has built a vast library of local content. This fuels the ongoing success of MultiChoice as an entertainment platform, where Africa's people can see African creators telling African stories. 

Social upliftment 
In ESG parlance, this supports the social-development pillar. To date, 467 filmmakers have been trained by the MTF. These young people have gone on to work on hit African shows on regional channels across the continent.  

In East Africa, graduates secured story development grants, gained acclaim at international film festivals and showcased their commitment to environmental consciousness by presenting at the Youth and Climate Action meeting. 

In West Africa, Azeezah Sama, produced by a student from the class of 2023, was selected for prestigious film festivals such as the Toronto International Nollywood Film Festival. Africa Magic commissioned productions from three MTF alumni companies, generating employment opportunities and amplifying the programme's impact in the region. 

Meanwhile, in Southern Africa, MTF alumni feature films have premiered on Zambezi Magic, and interns have contributed to more than 30 professional productions, including hit shows like Idols, Adulting, My Brother's Keeper, Champions, and Gen Zee. 

Economic impact 
Besides skills development, MultiChoice makes direct investments in job creation and economic empowerment for emerging economic sectors. The MultiChoice Enterprise Development Trust oversees two key initiatives aimed at fostering the growth of startups and small enterprises: the Innovation Fund and the Africa Accelerator programme. 
 
To date, the MultiChoice Innovation Fund has supported 77 black-owned small businesses with at least 50% female-black ownership and disbursed R407 million in loans, grants and business development expenses. This has created 1 400 employment opportunities.  

Last year, the MultiChoice Accelerator programme helped 11 entrepreneurs from South Africa to secure more than $17 million in investments from investors in the United Arab Emirates. 

Also last year, the Enterprise Development Fund funded four new tech-related companies, including two owned by black women, to the tune of R26.74 million, creating 395 jobs. 

Developmental governance 
Integrated ESG principles mean that the crucial MultiChoice governance function must also have a developmental role, while still enabling the business generate value for all stakeholders.  

That means ethical, developmental governance. The Group inculcates these principles in our people through mandatory training – anti-bribery, ethical conduct; and “better place to work” training on the MultiChoice Academy platform. 

Another of the company's biggest governance focus areas is the fight against content piracy, which poses a significant threat to the business and the wider industry. With Partners Against Piracy (PAP), MultiChoice has signed Memorandums of Understanding with governments across Africa to combat broadcasting piracy.  

The MOUs establish partnerships for capacity building, benchmarking, and experience sharing, as well as intellectual-property rights protection, training, and skills development. In addition, a multi-governmental workshop in mid-2024 will review piracy policies and actions, with an eye to amending cybercrime legislation. 

Environmental awareness 
Deeply conscious of how our operations impact the environment, MultiChoice takes direct steps to limit our emissions and energy efficiency – but always in ways that can be integrated into our ways of doing business.  

We have taken proactive steps to enhance energy efficiency in our electricity consumption, air-conditioning systems, data centres, heating and ventilation. We have invested in green infrastructure, including installing light motion sensors within buildings, LEDs equipped with daylight harvesting capabilities, solar panels and energy-efficient inverter technology.  

These initiatives have seen us reduce total Scope 1 and Scope 2 emissions to 67 675 tonnes of CO2 equivalent from 75 060 tonnes in 2023, a tangible move towards sustainability and responsible resource management through more eco-friendly operations. 

We have managed to make these sustainability improvements in ways that continue to generate income for the group. The R10,7 billion we pay in taxes in 2024 underlines our integration into the continent's economy.  

Ultimately, the proof of our ESG impact will be in our ability to continue operating sustainably, into the future, in a way that enriches lives for all the people we touch.  

We are proud to have met this challenge successfully for the past three decades, and we are confident we will continue doing so for decades to come, by integrating our purpose – enriching lives – into our way of doing business. 

Distributed by APO Group on behalf of MultiChoice Group.

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29 July 2024

The Awareness Company: Transforming Sustainability Through Data

Location: MyPR

The Awareness Company, founded by Priaash Ramadeen, Shazia Vawda, and Estelle Lubbe, brings together nearly six decades of collective experience in fields ranging from border control and defense to municipal processes and conservation. Their situational awareness software has been instrumental in protecting over 10,000 rhinos, utilized by more than 200 organizations worldwide. Ramadeen highlights the …

Read moreThe Awareness Company: Transforming Sustainability Through Data
29 July 2024

Government activities for the week 29 July – 02 August 2024

Location: News

Government activities for the week 29 July – 02 August 2024

On Monday, 29 July, Dr Kgosientsho Ramokgopa, the Minister of Electricity and Energy, will hold a regular media briefing to update the public on energy and electricity related issues at the GCIS in Pretoria.

On Tuesday, 30 July, Deputy Minister of Home Affairs, Njabulo Nzuza, will lead the ”Home Affairs Services on Wheels” outreach in the Buffalo City Metropolitan Municipality in the Eastern Cape.

On Wednesday, 31 July, the Department of Women, Youth and Persons with Disabilities and the Department of Sport, Arts and Culture will host a media briefing on the 2024 Women’s Month campaign.

On Thursday, 01 August, is the start of World Breastfeeding Week, which takes place from 1 to 7 August.

Janine
Mon, 07/29/2024 - 10:22

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25 July 2024

Conference to reflect on 30 years of democracy

Location: News

Conference to reflect on 30 years of democracy

The University of Johannesburg (UJ) and the National School of Government (NSG) are co-hosting a seminal conference this week, to reflect on the state of South Africa, 30 years into its democracy. 

The conference will focus on three decades of democracy in South Africa and will zoom into social, economic and global transformation. This as South Africans of all races went to the polls for the first time in April 1994, ushering in a new democratic dispensation.

The event got under way on Thursday and is organised in association with The Presidency, the Department of Planning, Monitoring and Evaluation (DPME), and the Mapungubwe Institute for Strategic Reflection (MISTRA). 

The conference will feature key panelists from the public service, academia, and civil society, fostering a national discourse through research and dynamic social dialogue. 

Deputy President Paul Mashatile is scheduled to deliver the keynote address on the second day of the conference on Friday. 

The gathering aims to assess the country’s democratic achievements and ongoing challenges, encouraging an inclusive discussion on the future trajectory of South Africa. 

While significant strides have been made in dismantling the legacy of apartheid and establishing a participatory democratic system, the institutions said the country continues to grapple with challenges. 

These include declining voter participation, inequality, widespread poverty, high unemployment, water insecurity, an energy crisis, corruption, and the mounting threat of climate change. 

“Addressing these complex issues demands a concerted effort from all sectors of society – government, civil society, and business,” the co-hosts said in a statement. 

Attendees will be encouraged to consider the interconnectedness of social, political, cultural, and economic dimensions that shape the lived experiences of individuals in South Africa’s diverse society. 

UJ Faculty of Humanities’ Professor Kamilla Naidoo emphasised the importance of this conference. 

“This conference represents a critical opportunity to reflect on South Africa’s journey over the past three decades. While the introduction of free tertiary education in South Africa through various initiatives such as the National Student Financial Aid Scheme marks a bold stride towards equity and opportunity, the conference will also address broader issues such as inequality, unemployment, and climate change,” Naidoo said. 

By examining these interconnected challenges, the professor spoke of fostering a dialogue that will contribute to the refinement of existing policies and the creation of new strategies for a more inclusive and prosperous future.

The Principal of the NSG, Professor Busani Ngcaweni, said as the country commemorates three decades of democracy, it is an opportune time to reflect on the path travelled, acknowledge the hurdles that lie ahead, and reaffirm the collective commitment to building a nation that embodies the core values of equality, justice, and shared prosperity. 

He pointed out: “Thirty years is an important milestone in the life of any living being, institution, or democracy. Looking at South Africa and its democracy using the metaphor of a child that grows from zero to thirty years we will be able to explain the best and challenges of what the country has gone through as anyone who grows up between the age of zero to thirty”. – SAnews.gov.za 

 

Gabisile
Thu, 07/25/2024 - 11:14

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25 July 2024

Solar geyser rollout benefits Woodyglen residents

Location: News

Solar geyser rollout benefits Woodyglen residents

The Woodyglen community in Hammarsdale in KwaZulu-Natal will now enjoy cost savings and reduced energy consumption as the area goes green following the installation of new solar geysers in their households.

In a move towards embracing green energy, the eThekwini Municipality in KwaZulu-Natal has completed the installation of solar geysers in 700 homes in Woodyglen.

The project aims to significantly reduce electricity consumption and costs for residents.

Ward 6 councillor, Bless Majola, commended the project’s completion and announced plans for expansion of the project into other areas of the ward.

Majola said the municipality has ensured the transfer of skills during the installation process.

“Young people from the community have been trained to install and maintain the geysers, creating around 30 temporary jobs. We expect to employ more young people as the project progresses,” Majola said.

Project Manager of Gemmed Services, Lungelo Ngcobo, emphasised the geysers’ durability, with a lifespan of up to 15 years and a one-year warranty.

“Our work adheres to the Department of Mineral Resources and Energy standards. Beyond installation, we prioritise skills transfer to empower the community for future maintenance needs,” Ngcobo said. – SAnews.gov.za
 

GabiK
Thu, 07/25/2024 - 12:04

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25 July 2024

The Benefits of Using an Inverter for Home

Location: MyPR

Introduction Power outages can be highly inconvenient, disrupting daily activities and causing discomfort. An inverter for home use is an effective solution to ensure an uninterrupted power supply during such times. This guide explores the benefits of using an inverter at home and how to choose the right one for your needs.   Understanding Inverters …

Read moreThe Benefits of Using an Inverter for Home
25 July 2024

Africa Data Centres announces additional 6MW capacity now live in Cape Town

Location: News
Africa Data Centres

Africa Data Centres (www.AfricaDataCentres.com), a business of Cassava Technologies, a pan-African technology group, has announced it is expanding its CPT1 facility in Cape Town.

This expansion shows the data centre giant adding three new state-of-the-art halls in new areas on the campus and adds another 6MW of IT load, effectively doubling its current capacity. The new expansion was implemented with support from the United States through an up to $300 million loan from the U.S. International Development Finance Corporation (DFC) to Africa Data Centres.

According to Hardy Pemhiwa, President & Group CEO of Cassava, “This expansion by Africa Data Centres is in response to the increasing demand for co-location capacity in South Africa. Not only is Cape Town the second largest economy in South Africa, but it is also the de facto software and technology hub in Southern Africa.”

The company is seeing tremendous growth in the data centre market in South Africa generally, as both national and international cloud and IT service providers seek to expand their footprints in the region.

In terms of size, the expansion adds 1000 racks of white space or the space available for customers to lease, although the physical site is significantly larger than that. It is made up of two more colocation data halls and one hyperscale hall.

The additional halls are built in the cutting-edge modular design pioneered by Africa Data Centres, which enables rapid scalability and a modern design that allows the facility to be populated as and when required to suit the needs of the customer.

Pemhiwa says this would not have been possible without the support of the Ministry of ICT, Western Cape Provincial Government and the Western Cape Department of Economic Development. “I would like to acknowledge their ongoing support, as we expand our data centre facilities in South Africa.”

The new halls feature the same cutting-edge security standards and focus on the elements that matter most to clients, including scalability, flexibility, and energy efficiency, to bring world-class, affordable solutions to all its clients in the area. This data centre is highly flexible and designed to accommodate different and evolving customer demands.

Additionally, this data centre boasts hybrid cooling technology capable of handling both air cooling and liquid cooling. Despite its versatility, no compromises were made on efficiency. It is one of the most efficient and sustainable data centres ever built in South Africa. It is powered by renewable energy, boasts a Water Usage Effectiveness of 0 due to no water consumption for the IT infrastructure, and has an impressive Power Usage Effectiveness rating as well.

The Africa Data Centres' CPT1 facility is at the forefront of pioneering the use of wheeled solar power in the market. This innovation is enabled through a 20-year Power Purchase Agreement (PPA) signed in March last year with Distributed Power Africa, part of the Cassava Technologies group. Africa Data Centres is the first company to successfully implement this groundbreaking technology in Africa, marking it the continent's first project of its kind.

“The introduction of wheeled solar power at the CPT1 facility offers significant benefits to our' customers, providing a truly sustainable data centre solution. As the demand for data continues to skyrocket across Africa, a continent where power supply is often intermittent, the need for reliable, cost-effective, and green power has never been more critical,” said Finhai Munzara, Interim CEO of Africa Data Centres.

By harnessing renewable energy, he says the CPT1 facility not only ensures consistent power supply but also supports sustainable operations, helping customers achieve their environmental goals. “Our state-of-the-art facility reduces reliance on non-renewable energy sources, setting a new standard for sustainability in the data centre industry.”

Munzara adds that Cape Town is an excellent location for colocation facilities as it is a stone's throw away from all the submarine cable landing stations. In addition, the Cape Town facility houses the Cape Town Internet Exchange (CINX), which makes multi-region peering more accessible, efficient, and easy to manage. This also facilitates direct connections between networks, enabling data to flow more efficiently and reducing latency, giving our users a faster, more responsive online experience.

In ending, Munzara says the expansion increases the capacity of the company's data centres in South Africa and it is an integral part of its investment plans to deliver several additional data facilities across the continent.

Distributed by APO Group on behalf of Africa Data Centres.

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About Africa Data Centres: 
Africa Data Centres owns and operates Africa's largest network of interconnected, carrier and cloud-neutral data centre facilities. Bringing international experts to the pan-African market, Africa Data Centres is a trusted partner for rapid and secure data centre services and interconnections across Africa. Strategically located in South, East and West Africa our world-class data centre facilities provide a home for all business-critical data for Africa's small, medium and large enterprises and global hyper scale customers. https://www.AfricaDataCentres.com/

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24 July 2024

President outlines process to establish SOEs Holding Company

Location: News

President outlines process to establish SOEs Holding Company

With government moving full steam ahead with plans to establish a holding company for state-owned enterprises (SOEs), the Department of Planning, Monitoring and Evaluation has been assigned the responsibility to finalise the processes.

“The SOEs that were previously under the stewardship of the Department of Public Enterprises will report to their respective line departments in terms of policy and regulatory matters,” President Cyril Ramaphosa said on Wednesday in Parliament.

Responding to the debate on the Presidency Budget Vote speech, the President reiterated that government is introducing legislation to establish a state-owned holding company to oversee and coordinate key strategic SOEs.

“The legislation will assign the functions of the holding company, which will cover issues of governance, financial management, remuneration standards and similar matters.

“This is in line with global best practice and is the approach taken by many countries with SOEs that successfully fulfil a social and economic development mandate.

“While some in this House might be dismissive of the work being coordinated in the Presidency, let us not lose sight of what these measures mean for the everyday lives of South African citizens. They mean more affordable and reliable electricity, cleaner water, efficient trains and lower data costs,” President Ramaphosa said.

Meanwhile, turning to other issues, the President said with just a small team of dedicated officials in the Presidency and National Treasury working closely with a wide range of government departments and entities, the President said the reforms implemented through Operation Vulindlela have had a measurable impact on growth and investment.

“These structural reforms are in the most strategic and critical sectors of our economy, as I indicated yesterday. They are in energy, in logistics, in telecommunications, in visa reform and in water. 

“The reforms that are underway in the water sector – like reinstituting water quality monitoring systems, developing a raw water pricing strategy, and establishing a Water Partnerships Office to develop water infrastructure – have direct and material benefits for service delivery,” the President said.

Improved water infrastructure ensures more reliable and sustainable water supply while water quality management systems mean cleaner water and a reduced health risk.

“The ultimate beneficiary is the people of South Africa, and strengthening and enhancing the economy of our country,” the President said.

He said the reforms being implemented are laying a robust foundation for sustained economic and social progress.

“We have noted calls for programmes to involve young unemployed people in various forms of work, training and development. Contrary to some suggestions in the debate, we do have such programmes.

“These include the successful National Rural Youth Service Corps programme – known as NARYSEC – which provides opportunities to unemployed rural youth. We also spoke yesterday about other public and social employment programmes that have a large number of young participants.

“The challenge we have now is to scale up these programmes within available resources to ensure that they have a greater reach and impact,” the President said.

Size of the Executive

On the matter of the size of the Executive, the President said at this moment in South Africa’s history, the country faces complex and urgent challenges, which require strong coordination from the centre of government.

“While we continue to seek ways to use the resources of the state optimally, we have also had to ensure that we achieve inclusivity and balance. We believe that this is important for ensuring governance outcomes that serve the interests of all South Africans.

“Most importantly, we will ensure that the machinery of government works efficiently, and that it is used to advance the people’s interests and improve their lives.

“We will ensure that we reduce waste, rationalise and restructure our state-owned entities, and continue to direct the majority of our budget towards sustaining the social wage and investing in infrastructure,” the President said.

He said now more than ever, government must demonstrate what the people of South Africa can achieve when they work together.

“We must seize the opportunity that this Government of National Unity presents to restore these people’s trust in our democracy, and to realise the promise of dignity and equality that is contained in our Constitution.

“Five years from now, let us be able to say that we have made a difference in the lives of our people. Let us ensure that we take our beautiful country closer to the society of which we have all dreamed. And let us make sure that we leave no-one behind,” the President said. – SAnews.gov.za

nosihle
Wed, 07/24/2024 - 15:32

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24 July 2024

Transnet granted R18.85 billion loan

Location: News

Transnet granted R18.85 billion loan

The African Development Bank Group has approved a R18.85 billion ($1 billion) corporate loan to Transnet for its recovery and growth plans.

Transnet has faced operational challenges mainly in the critical rail and port businesses resulting from underinvestment in infrastructure and equipment, theft and vandalism, and external shocks such as floods and the effects of the COVID-19 pandemic. 

“We appreciate the support demonstrated by the African Development Bank. The loan extended by the bank will make a significant contribution to Transnet’s capital investment plan to stabilise and improve the rail network and to contribute to the broader South African economy. 

“The accompanying grant funding to the loan will also greatly assist Transnet with its energy efficiency efforts and with Infrastructure Project Preparation initiatives,” Group Chief Executive of Transnet Michelle Phillips said.

The 25-year loan, which was approved by the African Development Bank Group’s Board of Directors on 12 July 2024 is fully guaranteed by the government of South Africa. 

It will facilitate the first phase of the company’s R152.8  billion ($8. 1 billion) five-year capital investment plan to improve its existing capacity ahead of expansion for the priority segments throughout the transport value chain.

“The company is committed to addressing past challenges, fostering integrity, and enhancing efficiency within the organization. It has made progress in some key areas, including reforms in governance procurement and financial management,” a joint statement by Transnet and the African Development Bank said.

Recovery Plan

In October 2023, Transnet launched its recovery plan, which seeks to rehabilitate infrastructure and accelerate the relaunch of operations over 18 months, focusing on restoring operational performance and freight volumes to meet customer demands.

“Transnet, the custodian of South Africa's critical transport and logistics infrastructure, plays an indispensable role in the economy of the country, ensuring a competitive freight system and serving as a gateway to the Southern African Development Community (SADC) region.

“Our partnership will enable Transnet to execute a comprehensive Recovery Plan (RP), addressing operational inefficiencies, particularly in rail and port sectors. It is aligned with South Africa’s strategic 'Roadmap for Freight Logistics System,' and overseen by the National Logistics Crisis Committee, chaired at the Presidency level.

 "This initiative signifies our commitment to enhancing national logistics capabilities and driving sustainable economic growth,” African Development Bank’s Vice President for Private Sector, Infrastructure and Industrialisation Solomon Quaynor said.

Transnet has been a client of the African Development Bank since 2010. The company employs more than 50 000 people and plays a critical role in integrating and connecting South Africa with the global economy. 

The company’s freight system’s activities contribute significantly to South Africa’s economy. 

Its operations serve as key gateways for trade within South Africa and with landlocked countries in the region, such as Botswana, Zambia, Zimbabwe, and the Democratic Republic of Congo through the Port of Durban. –SAnews.gov.za
 
 

nosihle
Wed, 07/24/2024 - 12:25

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23 July 2024

World Bank Group Executive Directors note progress and re-affirm support to South Africa and Namibia

Location: News

The World Bank Group
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A delegation of the World Bank Group's (WBG) Board of Executive Directors (EDs) noted South Africa's and Namibia's progress in achieving their development goals and re-affirmed World Bank Group's commitment to providing support. The 11 EDs and Alternate EDs were hosted by the World Bank and International Finance Corporation (IFC) country offices during their recent visit on July 7-13.

The visit provided a platform to assess progress with projects and engage on the evolution of the World Bank Group's relationship with the countries, from a knowledge-focused to a broader knowledge and financing partnership. EDs met government and business leaders, local stakeholders, and project beneficiaries, and experienced first-hand how the countries manage development priorities and challenges. South Africa and Namibia have common challenges, including poverty, unemployment, and inequality. Throughout the visit, the delegation discussed the ongoing and future support from the World Bank Group to boost inclusive economic growth and job creation.

In South Africa, over the past three years the country has shifted from being a non-borrowing client to borrowing over $1 billion per year from the World Bank. South Africa also constitutes the largest IFC portfolio in Africa and the Multilateral Investment Guarantee Agency's (MIGA) second largest on the continent.

In Namibia, the World Bank Group is preparing a new Country Partnership Framework (CPF) with the government that will strategically guide its support as the engagement continues to grow. The World Bank recently approved a $138.5 million renewable energy and transmission loan to NamPower, after 15 years without borrowing.

Key highlights of the visit included:

  • In South Africa, the delegation met with the Minister of Finance Honorable Enoch Godongwana, and the Minister of Electricity and Energy Honorable Kgosientsho Ramokgopa. EDs visited two IFC clients and two World Bank projects which showcased support for key government priorities and demonstrated how these projects link to global issues and corporate initiatives such as the just energy transition, health, urban development, and subnational government engagement. The delegation toured and engaged with stakeholders at the Komati power station – the site of the Eskom Just Energy Transition Project; the Addo Elephant Park that houses the innovative Wildlife Conservation Bond; and the IFC-supported Trust for Urban Housing Finance and BioVac Institute that manufactures vaccines locally.
  • In Namibia, the delegation met with Minister of Finance and Public Enterprises Honorable Ipumbu Shiimi and key stakeholders, including development partners and the private sector.  The delegation visited informal settlements near Windhoek to gain insights on housing related issues, a sector where IFC is investing and which the government has identified as a priority for World Bank Group engagement.

Matteo Bugamelli, the World Bank's Executive Director who represents the constituency of countries including Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste, expressed optimism about the countries' progress. He emphasized the World Bank Group's commitment to helping South Africa and Namibia address unemployment and inequality challenges. He particularly welcomed the increased financing to support the implementation of much needed reforms.

About the World Bank Group's Board of Directors: The Board of Executive Directors is responsible for the conduct of the general operations of the Bank, making decisions on loans, credits, grants, policies, and financial matters. The Board consists of 25 members who represent the 189 member countries, providing guidance for the institution's development activities.

Visiting Board Officials: The delegation included Mr. Abdulaziz E A Almulla (Executive Director for Bahrain, Arab Republic of Egypt, Jordan, Iraq, Kuwait, Lebanon, Maldives, Oman, Qatar, United Arab Emirates, West Bank and Gaza, and Republic of Yemen); Mr. Matteo Bugamelli (Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste); Ms. Ayanda Dlodlo (Executive Director Angola, Nigeria, South Africa); Mr. Floribert Ngaruko (Executive Director for Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia and Zimbabwe); Ms. Katharine Rechico (Executive Director for Antigua & Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Guyana, Ireland, Jamaica, St. Lucia, St. Kitts & Nevis and St. Vincent & the Grenadines); and Mr. Tauqir Shah (Executive Director for Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, and Tunisia.

Visiting Alternate Executive Directors:  Mr. Louis Albisson (Alternate Executive Director for France); Mr. Felice Gorordo (Alternate Executive Director for the United States), Mr. Koji Uemura (Alternate Executive Director for Japan); Ms. Kerstin Sumana Wijeyewardene (Alternate Executive Director for Asia and the Pacific Constituency) and Mr. Weifeng Yang (Alternate Executive Director for China).

Included in the delegation was Ms. Mercy Tembon, World Bank Vice President and Corporate Secretary.

Distributed by APO Group on behalf of The World Bank Group.

Read moreWorld Bank Group Executive Directors note progress and re-affirm support to South Africa and Namibia
23 July 2024

Public consultations on raw water tariffs

Location: News

Public consultations on raw water tariffs

The Department of Water and Sanitation (DWS) has started public consultation meetings on the proposed raw water use charges for the 2025/26 financial year.

During these meetings, the department will get inputs from various role players within the sector on the proposed raw water charges prior to the finalisation, approval and implementation of the proposed water use charges.

The consultations are also aimed at ensuring transparency in the determination of raw water charges for public buy-in and support.

In terms of the National Water Act of 1998, the department is required to establish an annual raw water pricing strategy after consulting widely with different water users, including mines, industries, agriculture, energy and domestic users.

“Different stakeholders need to be consulted before the final approval by the Minister of Water and Sanitation as mandated by the National Water Act, which states that extensive consultation should be undertaken before an organ of State increases any price of bulk resources supplied to municipalities and municipal entities,” the department said.

The Tuesday, 23 July, a consultation meeting is being held at the MidVaal Water Company in Orkney in the North West.

Wednesday’s meeting will take place at the Loft Guesthouse in Bethlehem, Free State.
The last day of the consultations will be held at the Southern Sun Pretoria, corner of Stanza Bopape and Beatrix Streets, Arcadia, on Friday.

The meetings will start from 10am – 2pm. – SAnews.gov.za

GabiK
Tue, 07/23/2024 - 10:21

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23 July 2024

SA to work with Palestine in research, technology and innovation programme

Location: News

SA to work with Palestine in research, technology and innovation programme

Department of Science and Innovation (DSI) Minister, Professor Blade Nzimande,  has announced a new programme to foster cooperation in science, technology and innovation (STI) between South Africa and war-torn Palestine. 

“The programme will also have a special focus support for safeguarding, rebuilding, and developing Palestine’s research and innovation capacities and infrastructure,” Nzimande explained on Tuesday.

According to the Minister, the decision was made following a series of collaborations between the two nations. 

These include a joint research project, seed funding for developing South African–Palestinian knowledge networks, the hosting of Palestinian scholars and students in South Africa in exchange programmes and sharing South African policy experience regarding science policy and system development.

The Minister, delivering his 2024/25 Budget Vote, stated that the programme aligns with the department’s strategic objective of using science diplomacy to foster human solidarity, and social justice, and support the country’s foreign policy.

“This new programme will be implemented by our entity the NRF [National Research Foundation] and will be funded from the department’s existing budget for international cooperation,” he told Members of Parliament (MPs). 

Vaccines
 

For the 2024/25 financial year, the department experienced a budget cut, which was adjusted to R10 562 billion from R10 874 billion in 2023/24. 

“I am honoured to be delivering the first Budget Vote of the Department of Science and Innovation, under the seventh administration, in the same year we celebrate 30 years of democracy. 

“In these 30 years, our country has made tremendous strides in science, technology, and innovation,” he added. 

He highlighted some of the achievements under the previous administration, which he believes have laid a foundation for deepening work in the new government.  

This includes a new Vaccine Manufacturing Strategy (VIMS) to promote domestic design, development and production of vaccines.

Through VIMS, the department targeted vaccine development to fight the Rift Valley fever (RVF), human papillomavirus (HPV), respiratory syncytial virus (RSV) and the hepatitis B virus. 

Working with the World Health Organisation (WHO), government also set up capacity for the local development of mRNA vaccines in response to future Coronavirus threats. 

Hydrogen economy 

Nzimande also touched on the hydrogen economy, which was specifically referenced by President Cyril Ramaphosa in his Opening of Parliament Address (OPA) last Thursday. 

“The DSI is leading major innovations to promote the transition to green hydrogen as an alternative source of energy to fuel our economy and to facilitate a net-zero energy future,” he explained.  

In 2023/24, they also provided R53 million as an initial investment to support women-led small, medium, and micro-enterprises (SMMEs) in the hydrogen economy. 

Achievements

A national solar research facility was also established by the government to enable localisation and technology transfer in support of the Cannabis Industrialisation Masterplan and the Renewable Energy Masterplan. 

“Arising from this, it is pleasing to report that the CSIR [Council for Scientific and Industrial Research] graduated 23 SMMEs with two commercial value-added products each.” 

The Minister also highlighted the role of the department in leading scientific and technological advancements in the field of astronomy, particularly in the construction of the Square Kilometre Array (SKA) project, which is poised to become the world’s biggest-ever radio telescope array. 

In the area of agro-processing and farmer development in the 2023/24 period, the department provided 1 480 black emerging farmers with technology development support. 
 

New growth industries

Building on the successes of the sixth administration, the Minister said they remain committed to ensuring the sustainability of existing businesses in the agricultural, manufacturing and mining sectors and supporting the development of new growth industries. 

“STI is also about transforming the socio-economic conditions of working-class communities in townships and rural areas.”

He also touched on the Mandela Mining Precinct, a public-private partnership between the DSI and the Minerals Council of South Africa aimed at revitalising mining research, development and innovation to ensure the sustainability of the industry.

As part of building a capable State, he said his department has begun establishing an Earth Observation Data Centre to provide decision support tools for government in fire and flood mapping, food security monitoring, human settlements mapping, forest mapping, disaster management, climate change and water resources management. 

In addition, he told Parliament that government was looking at ways of raising gross expenditure on research and development (GERD) equal to 1.5% of the gross domestic product (GDP) by 2030/31. 

“Our challenges notwithstanding, we present this budget as our commitment to transform our National System of Innovation and using science, technology, and innovation to impact the lives of our people in a transformative way,” he added. – SAnews.gov.za

Gabisile
Tue, 07/23/2024 - 13:15

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Read moreSA to work with Palestine in research, technology and innovation programme
23 July 2024

Electricity system still vulnerable despite 120 days with no load shedding

Location: News

Electricity system still vulnerable despite 120 days with no load shedding

While this week marks 120 days without load shedding in South Africa, President Cyril Ramaphosa says it is too soon to claim victory.

“Our electricity system is still vulnerable, and we cannot yet rule out a possibility of further load shedding,” President Ramaphosa said on Tuesday. 

The President said this when he tabled the 2024/25 Presidency Budget Vote in Parliament. 

He told Members of Parliament (MPs) that one of the greatest impediments to economic growth has been the electricity crisis, which the Presidency has been instrumental in addressing. 

The National Energy Crisis Committee, which was established in 2022 to oversee the implementation of the Energy Action Plan, is chaired by the President and coordinated at a technical level by the Director-General in the Presidency. 

“With the support of the National Energy Crisis Committee, there has been a marked improvement in the performance of Eskom’s power stations, which produce the bulk of South Africa’s electricity.” 

WATCH | President Cyril Ramaphosa addresses the National Assembly during the tabling of the Presidency’s Budget Vote.

 

Meanwhile, he said regulatory changes have enabled substantial new investment in electricity generation. 

He announced that government has also been working closely with independent power producers (IPPs) in steering their projects through to the construction phase, contributing significantly to the reduction in the severity of load shedding. 

“We are going to continue working with companies, financial institutions and business organisations, both South African and international, during the course of our ambitious investment drive over the last five years.” 

According to the Head of State, alleviating load shedding, improving the performance of the logistics system, reducing the cost of data, improving water supply, attracting the much-needed skills, and the reforms already underway will provide a significant boost to the economy in the medium term.

“In addition, these reforms support the repositioning of strategic State-owned enterprises by strengthening their balance sheets and improving their operational performance, while also enabling higher levels of private investment in infrastructure.” 

READ | President: 100 days of no load shedding no reason to relax

Corruption

The President also touched on corruption and stated that government has made important progress in implementing the recommendations of the State Capture Commission. 

“This includes the work of our law enforcement agencies to bring perpetrators to justice and to recover stolen funds, as well as the legislative and other changes needed to strengthen the fight against corruption and prevent state capture.” 

In addition, he said the Presidency plays a pivotal role in ensuring that the work of the Special Investigating Unit (SIU) has an impact and that people involved in wrongdoing face the consequences of their actions. 

“The Presidency has forged a close working relationship with the SIU and law enforcement agencies to monitor the implementation of the recommendations for criminal, disciplinary and administrative action arising from SIU investigations,” he added. – SAnews.gov.za 

 

Gabisile
Tue, 07/23/2024 - 15:30

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Read moreElectricity system still vulnerable despite 120 days with no load shedding
23 July 2024

Absa RUN YOUR CITY Series set to bring the vibe to the streets of Tshwane in August

Location: MyPR

The streets of Tshwane will be transformed into a playground of athletic prowess and community spirit on Sunday, 25 August 2024 when thousands of runners gather to be part of the action of the iconic Absa RUN YOUR CITY TSHWANE 10K. Expect cheers, challenges, and a vibrant atmosphere that embodies the essence of Tshwane’s running …

Read moreAbsa RUN YOUR CITY Series set to bring the vibe to the streets of Tshwane in August
23 July 2024

President Ramaphosa Assents to Climate Change Bill

Location: News

The Presidency of the Republic of South Africa
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President Cyril Ramaphosa has signed into law the Climate Change Bill which sets out a national climate change response, including mitigation and adaptation actions, which also constitutes South Africa's fair contribution to the global climate change response. 

The Climate Change Act, as endorsed by the President, enables the alignment of policies that influence South Africa's climate change response, to ensure that South Africa's transition to a low carbon and climate resilient economy and society is not constrained by policy contradictions.

The law also sets out to enhance South Africa's ability and capacity over time to reduce greenhouse gas emissions, and build climate resilience, while reducing the risk of job losses, and promoting opportunities for new job opportunities in the emerging green economy.

The Act has the aim of strengthening co-ordination between national sector departments and provide policy setting and decision-making to enable South Africa to meet the commitments in Nationally Determined Contribution (NDC) under the Paris Agreement.

The National Determined Contribution is a set of commitments South Africa has made under the international Paris Agreement to reduce greenhouse greenhouse emissions as part of climate change mitigation. 

South Africa is one of more than 190 members of the United Nations Framework Convention on Climate Change who are parties to the eight-year-old Paris Agreement. 

South Africa's mitigation measures are a response to climate change impacts that are increasingly experienced across a number of sectors including water resources; agriculture and food production; forestry and fisheries; human health; energy generation; industry; human settlements and migration; disaster management; biodiversity and terrestrial ecosystems. 

These impacts will disproportionately affect poor communities and vulnerable groups and could affect South Africa's ability to meet its development and economic growth goals, including job creation and poverty reduction.

The Climate Change Act sets out the functions of the Presidential Climate Commission, which includes providing advice on the Republic's climate change response to ensure the realisation of the vision for effective climate change response and the long-term just transition to a climate-resilient and low-carbon economy and society.

The law also stipulates the role provinces and municipalities will play in mitigation efforts.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

Read morePresident Ramaphosa Assents to Climate Change Bill
23 July 2024

CMA to Host Investment Forum Showcasing Opportunities in African Critical Minerals

Location: Business
Energy Capital & Power

Investment in African critical minerals are on the rise, with global entities acquiring assets, funding upstream projects and developing midstream and logistics facilities. Over the past three years, Zambia (http://apo-opa.co/3yk2ymJ) ­– Africa's second-largest copper producer – has recorded $10 billion in investments (http://apo-opa.co/3WibyRd) in its mining sector. These investments are pushing the country closer to its goal of increasing copper production to one million tons by 2026 and three million tons by 2030, with several new projects coming online. To promote opportunities and drive fresh investment across African markets, the upcoming Critical Minerals Africa Summit (http://apo-opa.co/3WzznFR) will feature a dedicated Investment Forum.

The Critical Minerals Africa 2024 summit on November 6 - 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (http://apo-opa.co/3VMQTpp) on November 4 - 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

The Investment Forum will delve into investment opportunities across the spectrum of critical minerals and rare earth projects, highlighting how African governments are partnering with global stakeholders to create an enabling environment for market expansion.

Zambia introduced the Mineral Royalty Tax Reform in 2022 – reducing mineral royalty rates for investors – resulting in a surge of fresh investments. In June 2024, mining firm Jubilee Metals Group (http://apo-opa.co/3WiXJlA) acquired two operational copper mines to support efforts to increase activities at its Sable Refinery in Zambia. Canadian mining firm Ivanhoe Mines (http://apo-opa.co/4d4bNqc) also announced that is investing in the expansion of a concentrator at the Kipushi Copper Mine, aiming to increase output to 960,000 tons of copper annually by 2030, up from 140,000 tons in 2024. The UAE's International Resources Holding is providing $300 million to enhance copper production at Mopani Mines, following its acquisition of a 51% stake in a $1.1 billion deal in April 2024. The Investment Forum will showcase lucrative prospects for global investors within Zambia's copper value chain.

Meanwhile, Zimbabwe (http://apo-opa.co/3WwoAfw) banned the export of raw lithium in 2022 in a bid to attract investments across the midstream sector to value add its lithium output. The regulation aims to help the country account for 20% of global lithium demand, build a $12 billion economy by 2030 and has resulted in an influx in new investments and project launches. Mining revenue (http://apo-opa.co/4bPAEwM) has grown from $3.5 billion in 2020 to $9.77 billion in 2023, as a result. Mining firms including Rwizi Rukuru, Shengxiang Investments, Chengxin Lithium Group, Zhejiang Huayou Cobalt and Sinomine Resource Group have invested in large-scale lithium processing facilities in 2023 and 2024. The Investment Forum will feature stakeholders from Zimbabwe's critical mineral sector in panel discussions and exclusive networking sessions, highlighting investment opportunities across the mining value chain.

With the global demand for critical minerals set to increase by four times by 2030 – driven by increasing adoption of clean energy technologies – Africa, which holds 30% of the world's total critical mineral reserves, is well positioned to attract global investors. South Africa holds 80% of the world's platinum group metals, Morocco 70% of total phosphate, the Democratic Republic of Congo the world's largest cobalt reserves, Guinea-Conakry the world's second-largest bauxite reserves, and Gabon the world's second-largest manganese resources. CMA will spotlight these resources and partnership opportunities available for global stakeholders as African countries unlock their full mineral potential for GDP growth.

“Africa's critical mineral resources present an opportunity for the continent to forge partnerships on infrastructure development and economic growth with global investors. We hope to see an increase in investments flowing into Africa as global mining stakeholders capitalize on the continent's vast resources and strategic locations to feed the global demand,” stated Rachelle Kasongo, Project Director at CMA-organizer, Energy Capital & Power.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy Capital & Power
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23 July 2024

SA’s response to climate change outlined in new law

Location: News

SA’s response to climate change outlined in new law

President Cyril Ramaphosa has signed into law the Climate Change Bill, which sets out a national climate change response, including mitigation and adaptation actions, which also constitutes South Africa’s fair contribution to the global climate change response.

“The Climate Change Act, as endorsed by the President, enables the alignment of policies that influence South Africa’s climate change response, to ensure that South Africa’s transition to a low carbon and climate resilient economy and society is not constrained by policy contradictions,” the Presidency said on Tuesday.

The law also sets out to enhance South Africa’s ability and capacity over time to reduce greenhouse gas emissions, and build climate resilience, while reducing the risk of job losses, and promoting opportunities for new job opportunities in the emerging green economy.

“The Act has the aim of strengthening co-ordination between national sector departments and provide policy setting and decision-making to enable South Africa to meet the commitments in Nationally Determined Contribution (NDC) under the Paris Agreement.

“The National Determined Contribution is a set of commitments South Africa has made under the international Paris Agreement to reduce greenhouse emissions as part of climate change mitigation,” the Presidency said.

South Africa is one of more than 190 members of the United Nations Framework Convention on Climate Change who are parties to the eight-year-old Paris Agreement.

South Africa’s mitigation measures are a response to climate change impacts that are increasingly experienced across a number of sectors, including water resources; agriculture and food production; forestry and fisheries; human health; energy generation; industry; human settlements and migration; disaster management; biodiversity and terrestrial ecosystems.

“These impacts will disproportionately affect poor communities and vulnerable groups and could affect South Africa’s ability to meet its development and economic growth goals, including job creation and poverty reduction,” the Presidency said.

The Climate Change Act sets out the functions of the Presidential Climate Commission, which includes providing advice on the Republic’s climate change response to ensure the realisation of the vision for effective climate change response and the long-term just transition to a climate-resilient and low-carbon economy and society.

The law also stipulates the role provinces and municipalities will play in mitigation efforts. – SAnews.gov.za
  

nosihle
Tue, 07/23/2024 - 09:33

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Read moreSA’s response to climate change outlined in new law
23 July 2024

The Black Busines Council Welcomes The Acquisition Of SAPREF By Central Energy Fund

Location: MyPR

The Black Business Council (BBC) welcomes the recent sale of the bp Southern Africa (Pty) Ltd (bpSA) and Shell Downstream South Africa (Pty) Ltd (SDSA) assets located at the SAPREF Precinct to the South African State-owned entity, the Central Energy Fund (CEF) SoC Ltd. As part of the sale purchase agreement, CEF has agreed to …

Read moreThe Black Busines Council Welcomes The Acquisition Of SAPREF By Central Energy Fund
22 July 2024

Transfer seals the deal for new ownership of The Neighbourhood Square Shopping Centre

Location: MyPR

22 July, Johannesburg. The Neighbourhood Square premier convenience shopping centre in Linksfield, Johannesburg, has transferred into the hands of its new owners Flanagan & Gerard Property Group and Burstone Group (JSE: BTN). Burstone Group partnered with retail real estate specialist Flanagan & Gerard to acquire the strategic retail asset, with each owner holding a 50% …

Read moreTransfer seals the deal for new ownership of The Neighbourhood Square Shopping Centre
22 July 2024

Ethiopian running sensation, Tadu Nare, confirms entry into Totalsports Women’s Race Cape Town

Location: MyPR

The competition is heating up in the 2024 Totalsports Women’s Race as Ethiopian running sensation, Tadu Teshome Nare confirms her entry into the 10km race in Cape Town on National Women’s Day, Friday 09 August 2024. Boasting an impressive list of accolades, Nare’s achievements include 1st place at the Mandela Bay Half Marathon in 2024, …

Read moreEthiopian running sensation, Tadu Nare, confirms entry into Totalsports Women’s Race Cape Town
22 July 2024

Designer Pool Covers Highlights Services in Limpopo: Thohoyandou, Mokopane, and Phalaborwa

Location: MyPR

POLOKWANE, South Africa, July 22, 2024 – Designer Pool Covers, a leading provider of high-quality swimming pool covers, today reaffirmed its commitment to serving customers across Limpopo province. The company’s branch in Polokwane continues to extend its services to Thohoyandou, Mokopane, and Phalaborwa, offering innovative pool cover solutions to residents and businesses throughout the region. …

Read moreDesigner Pool Covers Highlights Services in Limpopo: Thohoyandou, Mokopane, and Phalaborwa
22 July 2024

Unlocking AI’s transformative potential in South Africa: Enhancing society & creating opportunities

Location: MyPR

As artificial intelligence (AI) continues to supercharge every aspect of business and society, South Africa stands at a critical juncture. Rather than fearing job displacement, we can harness AI to drive widespread growth and prosperity. By fostering local innovation, investing in AI education, and creating a conducive regulatory environment, we can empower citizens and businesses …

Read moreUnlocking AI’s transformative potential in South Africa: Enhancing society & creating opportunities
22 July 2024

SA committed to meeting climate change undertakings

Location: News

SA committed to meeting climate change undertakings

Forestry, Fisheries and the Environment Minister, Dr Dion George, has assured of South Africa’s commitment to meeting its undertakings under the United Nations Framework Convention on Climate Change (UNFCCC) and its Paris Agreement.

George said South Africa is working on its second Nationally Determined Contribution, and the country has also committed to updating and submitting its first Biennial Transparency Report.

“We will contribute our fair share and not make false promises that we are unable to keep,” George said.

George was speaking at the Brazil, South Africa, India and China (BASIC) Ministerial Meeting held on Sunday, ahead of the 8th Session of the Ministerial Meeting on Climate Action (MoCA) taking place in Wuhan, China.

The Ministers responsible for climate change from the BASIC countries gathered for the bi-annual meeting to discuss key issues related to the United Nations Framework Convention on Climate Change (UNFCCC) negotiations at the upcoming Conference of Parties (COP29).

These include the need to finalise the rules around carbon markets, adaptation indicators, the Just Transition Pathways Work Programme, the Mitigation Work Programme, and the new collective quantified goal (NCQG) on finance.

In his opening remarks, George said South Africa is focused on implementing ambitious actions to reduce greenhouse gas emissions, including through the Just Energy Transition Investment Plan (JET-IP).

The implementation of this plan includes actions around electricity, electric vehicles and green hydrogen and, said the Minister, South Africa is interested in partnering with BASIC and other countries towards its implementation.

“The Just Energy Transition Partnership (JETP) with some developed countries is only a small component of our much larger energy transition plan, which in turn is only one sector of the all-of-economy and all-of-society just transition we seek in line with the COP28 UAE Vision.

“Our Parliament has adopted a Climate Change Bill [and] since 2011, when we outlined South Africa’s response to climate change in our National Climate Change Response White Paper, we have been putting in place the components of an integrated response. Now, this Bill will integrate all of these components into a robust legal framework, and mainstream climate action across government,” George said.

For South Africa, progress is required in terms of emission reduction obligations, adaptation commitments and the means of implementation “to ensure that we are on track to achieving the 1.5-degree target, and that support for both adaptation and loss and damage will address all likely outcomes”.

The Minister said the country believes that COP29 should enable enhanced, effective and sustained international cooperation on both adaptation and mitigation (equally treated), to achieve the missing ambition in climate actions to date.

“Developed countries’ commitment to providing adequate support to developing countries, is key for the Paris Agreement to be truly applicable to all. The global North should ensure no backtracking on support obligations,” the Minister said.

Ministerial on Climate Action

Meanwhile, MoCA, which is taking place on 22 -23 July 2024, is a key moment for ministers and senior climate diplomats to gather, coming shortly after the UNFCCC intersessional in June.

The meeting will be a chance to elevate sticky issues in climate negotiations to a higher political level.

MoCA is one of the platforms created at the initiative of individual States in support of the UNFCCC negotiations that seeks to identify issues of convergence and divergence at a political level, with a view to bridge building and exploring potential landing zones ahead of the COP.

Convened by China, the European Union (EU) and Canada, MoCA was initiated in 2017 to support the Paris Agreement and the multilateral climate process. - SAnews.gov.za
 

GabiK
Mon, 07/22/2024 - 10:56

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