Busi Mavuso | SA can attract investors at next month's climate meeting - but will it?

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Busi Mavuso.
Busi Mavuso.
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Ahead of the COP26 international climate change meeting in Glasgow next month, President Cyril Ramaphosa and his administration are going to have to position the country as one ready for the almost $83bn in international funding available for green investments, says Busi Mavuso.

South Africa has used previous climate change meetings to share an essentially positive story of our journey towards reducing our carbon emissions. Ahead of the COP26 international climate change meeting in Glasgow next month, President Cyril Ramaphosa and his administration are going to have to position the country as one ready for the almost $83 billion in international funding available for green investments. Investors will be seeking out any weakness in our commitment as the world’s 12th-biggest source of greenhouse gases.

Our transition from a fossil fuels-based economy will attract great interest from global investors and just how we go about reducing our emissions is going to be critical to the future competitiveness of the nation.

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