South Africa’s Ramaphosa says lower emissions depend on support

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South Africa’s Ramaphosa says lower emissions depend on support

9:13 CAT | 02 Nov 2021

File photo: GCIS

South Africa’s ambitions cannot be achieved without the more developed economies meeting promises they have made to provide financial assistance to developing economies in their energy transition.’

South African President Cyril Ramaphosa said the coal-dependent nation’s ability to reduce emissions will depend on the financial support it receives to transition to clean energy.

The world’s 12th-biggest emitter of greenhouse gases recently set a target range for zero carbon emissions by 2050, Ramaphosa wrote in the Financial Times on Tuesday. It seeks to achieve a reduction of 350 to 420 megatons of carbon dioxide from the atmosphere, compatible with goals of restricting global warming to less than 1.5 and 2.0 degrees Celsius, respectively, he said.

“Where we arrive in this range depends on the support we get,” Ramaphosa said. “South Africa’s ambitions cannot be achieved without the more developed economies meeting promises they have made to provide financial assistance to developing economies in their energy transition.

” Financing must come in the form of grants, loans at concessional rates and private investment, he said.

As South Africans went to the polls yesterday to elect our local government representatives, delegates from across the world were gathering in Glasgow, Scotland for the COP 26 UN Climate Change Conference. https://t.co/DXYgoLapOS pic.twitter.com/gAKmsKBA07

— Cyril Ramaphosa 🇿🇦 (@CyrilRamaphosa) November 2, 2021