SA did well at COP26, now to translate this into action at home

The $8.5bn on the table for a just transition must not go to waste

21 November 2021 - 00:00 By Kenneth Creamer

The world met at COP26 in Glasgow this month to discuss accelerated responses to climate change in the context of indisputable scientific evidence that the negative effects of global warming are already upon us.  While the goal of capping the average rise in global temperature at 1.5°C above preindustrial levels looks precarious, some noteworthy progress was made.

SA pursued a two-track strategy at COP26.  First, in our own interest and given the load-shedding crisis, we moved decisively before the formal start of the meeting to secure an $8.5bn  (R131bn) concessional finance commitment from a number of developed countries for investment in our just energy transition. Second, during the formal proceedings of COP26 we stood in solidarity with other African and G77 countries as well as China in arguing that the world’s response to climate change should be informed by the need for historical justice for developing countries, in line with the long-established principle that countries have “common but differentiated responsibilities” in responding to climate change...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.