http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.71Change: -0.04
R/$ = 10.96Change: -0.01
Au 1198.45 $/ozChange: 0.00
Pt 1227.70 $/ozChange: -1.80
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 05, 2012

Gigaba unveils climate change policy framework for State firms

Back
Agriculture|Africa|Design|Environment|Public Enterprises|Resources|Water|Africa|South Africa|Solutions|Environmental|Edna Molewa|Malusi Gigaba|Water|Operations
Agriculture|Africa|Design|Environment|Resources|Water|Africa||Solutions|Environmental|Water|Operations
agriculture|africa-company|design|environment|public-enterprises|resources|water-company|africa|south-africa|solutions|environmental|edna-molewa|malusi-gigaba|water|operations
© Reuse this



The Department of Public Enterprises (DPE) on Thursday launched the Climate Change Policy Framework for State-owned companies (SOCs), a move which Water and Environmental Affairs Minister Edna Molewa hailed as an “important step” in transitioning to a greener economy.

Public Enterprises Minister Malusi Gigaba said the overarching objective of the framework was to optimise the impact of SOCs on the reduction of carbon emissions and development of a green economy without compromising the financial viability of SOCs.

The policy did not set emission reduction targets, and Gigaba said that SOCs would be required to set their own targets on what they believed they could achieve. “This way, we can demand a high level of accountability,” he said at a media briefing in Centurion.

The framework aimed at supporting SOCs in achieving the right balance between competing commercial, economic, developmental and environmental objectives, while enabling them to leverage off climate-related incentives.

The framework outlined four key design principles informing the policy. Firstly, SOCs needed to focus on optimising the overlap between commercial, economic, developmental and environmental objectives, while carefully managing areas where these objectives conflict.

Secondly, it was expected that over time, climate change and broader environmental and green economy considerations would be integrated into the heart of SOC planning, procurement and operational processes.

Thirdly, each SOC would require flexibility in the way it responded to the challenges of climate change given the diversity of sectors within which it operated.

And finally, the development of the green economy required a high level of collaboration across all SOCs, as well as between SOCs and government. The framework set out that the DPE would identify and foster synergies between SOCs around strategic mitigation and adaptation initiatives, as well as collaboration in terms of research.

Commenting on adaptation initiatives, Molewa said water, agriculture and forestry, health, biodiversity and human settlements were identified as sectors that needed particular attention.

“To give effect to this policy directive, one of the key steps is to strengthen our adaptation planning capacity. We are therefore embarking on a process to develop long-term adaptation scenarios for South Africa, in order to inform national, provincial and local adaptation strategies,” she stated.

Molewa said that the State-owned enterprises’ climate change policy framework presented an opportunity for government to work with the relevant SOCs to commit to action that would result in emission reductions, while recognising the importance of balancing the climate outcome, with economic growth, job creation and poverty alleviation.

Further, she said South Africa’s launch of the Climate Change Response Policy late last year was an expression of its commitment to finding sustainable solutions to the climate-change challenge.

“This framework also represents part of our commitment to supporting our national effort to transition towards a greener economy,” Molewa said.

South Africa, which is ranked as one of the 30 largest emitters of greenhouse gases globally, has committed to reduce its emissions by 34% below the ‘business as usual’ trajectory by 2020 and by 42% by 2025. This is conditional on developed countries providing resources to support the mitigation efforts.

Meanwhile, the SOCs also pledged their commitment to a greener global economy by signing the United Nations Global Compact (UNGC).

The UNGC is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, the environment and anticorruption, thereby advancing sustainable development.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Climate Change News
Article contains comments
Signatories to the Climate Investment Funds’ (CIF’s) mandate last week agreed to invite a group of new pilot nations to come forward and develop Strategic Programs for Climate Resilience under its Pilot Program for Climate Resilience (PPCR). The African Development...
Professor John Briscoe receiving the 2014 Stockholm Water Prize from King Carl XVI Gustaf
World-renowned South African water engineer and academic Professor John Briscoe, who was the 2014 recipient of the Stockholm Water Prize, also known as the ‘Nobel prize for water’, has died at the age of 66. Following a two-and-a-half-year battle with cancer, he...
With an El Niño event predicted to hit the Horn of Africa and the Sahel starting in December, potentially bringing worsening droughts and floods, researchers are recommending action now to avoid a food crisis. Effective measure to cut risks might include better water...
Article contains comments
Article contains comments
More
 
 
Latest News
A Spoor & Fisher partner on Wednesday called on the Department of Trade and Industry (DTI) to finalise its proposed policy for Intellectual Property (IP). The policy, which had not been drafted in consultation with IP law experts, was published in September 2013,...
Auditor-General Kimi Makwetu
Auditor-General Kimi Makwetu has called on all government leaders to play a crucial role in ensuring that government departments and entities improve their audit outcomes. He has raised concerns over irregular expenditure, non-compliance with legislation, auditees...
The Somalia Stock Exchange expects seven companies in the telecoms, financial services and transport sectors to list their shares when the bourse is set up in 2015, its founder said. Somalia's economy is slowly recovering from more than two decades of conflict,...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
JAMES ROBERTS The MOM incubator was designed to help babies in developing nations who were dying in conflict-struck nations or who do not receive hospital care
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks