Tag: Development Bank of Southern Africa (DBSA)

Climate change has become an urgent and pervasive challenge, with its impact keenly felt at the local level, especially within urban areas. Municipalities find themselves at the frontline of climate challenges, dealing with issues that are not abstract or remote but immediate and pressing. It is here, within the boundaries of our local communities, that we must implement a paradigm shift in our approach to climate finance.

An interview with Barry Bredenkamp, General Manager Energy Efficiency, South African National Energy Development Institute (SANEDI), and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Green New Deal (GND) and how harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.

While lockdown inadvertently helped to reduce carbon dioxide emissions, it is critically important that sustainability of the environment is at the heart of post-COVID-19 recovery efforts. This is where the much-talked about Green New Deal (GND) becomes crucial and while it’s no panacea to economic challenges, harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.

Finance Minister Tito Mboweni delivered a macabre Medium-Term Budget Policy Statement (MTBSP) to Parliament on October 30. The MTBPS communicates to government and the people the economic context of the country and fiscal spending priorities over the coming three years. (It does not include detailed spending plans or tax proposals, which are left to the main budget in February.)