SA's COP27 game plan: South Africa to Unveil Climate Investment Plan at COP27

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South Africa, the world’s 13th biggest source of climate-warming greenhouse gases, will unveil details on how it plans to cut emissions next month at the United Nations Climate Change Conference in Egypt, Environment Minister Barbara Creecy said.

Africa’s most-industrialized economy is facing mounting pressure to accelerate its energy transition. Companies in Italy and India that buy the majority of its forest fibers have asked it to halve the carbon footprint from those products by 2030 or lose access to their markets, Creecy said at an event in Johannesburg Tuesday.

The proposal will also include plans to decommission 10 coal-fired power plants, the feasibility of transitioning the automotive industry to produce electric engines as well as progress on the country’s green hydrogen program, Creecy said.

Source: News Formal (newsformal.com)

 

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Economic suicide.

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