CLIMATE TARGETS: South Africa is moving too slowly to wean itself off coal and roll out renewables, a report said. Photo: REUTERS/Siphiwe Sibeko
CLIMATE TARGETS: South Africa is moving too slowly to wean itself off coal and roll out renewables, a report said. Photo: REUTERS/Siphiwe Sibeko

SA's climate action too slow to meet bold pledges - report

Africa's most industrialised country lauded for ambitious pledges
South Africa will not meet its 2030 targets, experts have warned.
Tim Cocks
South Africa, the world's 14th biggest carbon emitter, has made strong commitments to climate action, but is moving too slowly to wean itself off coal and roll out renewables to meet them, a key report said last week.

Africa's most industrialised country has been lauded for making ambitious pledges to cut greenhouse gas emissions - which are higher even than far richer nations like France, Britain and Italy - and for producing a comprehensive plan to achieve them.

"Despite all the strong public support and policy commitments, we've got a huge discrepancy between that and what's actually happening," Melissa Fourie, one of the authors of the Presidential Climate Commission report, said at its launch in the commercial capital Johannesburg.

The report, commissioned by the president's office but independent, said a more than six-fold increase in the pace of renewables buildout was needed.



Lagging behind

Several countries' actions globally are lagging behind their pledges.

President Cyril Ramaphosa signed a sweeping climate change act into law last week that set caps for large emitters. Donors are providing US$12 billion of mostly loans to fund South Africa's energy transition, a model they hope to export elsewhere in the developing world.

At the same time, the country has been firing up its coal burners to end years of power shortages. Last year, officials backtracked on pledges to shut down eight coal-fired power stations and have admitted South Africa will not meet its 2030 targets.

The report said total renewable capacity in South Africa was 10.4 gigawatts (GW) in 2022, growing by one GW per year since 2015. To meet net zero by 2050, however, it would need between 190 GW and 390 GW, requiring between six and 14 GW per year.

The report blamed "contradictory public policies... particularly regarding the future of the energy sector," adding: "The lack of consensus about the pace of the coal phase-out is delaying... the transition".

It added that investment was far below what was required, with R131 billion a year being committed, against the R334 billion to R535 billion needed.



- Reuters

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 612.22/OZ UP +0.96% | Copper US$ 4.32/lb UP +0.10% | Zinc US$ 2 917.50/T DOWN -0.66% | Brent Crude Oil US$ 74.54/BBP DOWN -0.0047 | Platinum US$ 984.48/OZ UP +0.18%