For Sustainability - Business Media MAGS

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For Sustainability

During her budget speech earlier this year, Minister Edna Molewa shared that the environmental sector continues to be a source and facilitator of investment, job creation, entrepreneurship and skills development – in line with the key objectives of the National Development Plan (NDP).

“We have adopted a three-pronged strategic approach to facilitate the government’s long-term radical economic transformation goals. These are our Phakisa Strategic Approach, our Environmental Justice Strategic Approach, and our economy-wide Service Delivery Strategic Approach. These work in concert and in pursuit of low-carbon, inclusive and climate-resilient growth.

“During the last financial year, we have been instrumental in mobilising US$119.720-million of which US$21.2-million has been grant funding. Two of our well-capacitated institutions, South African National Biodiversity Institute (SANBI) and the Development Bank of Southern Africa (DBSA) are accredited as South African Direct Access Entities of the Green Climate Fund (GCF) and are currently calling for Expressions of Interest to access GCF resources. Our four institutions, namely SANBI, iSmagaliso Wetland Park, the SAWS and SANParks, continue to make us proud by contributing towards the work of environmental conservation.

“South Africa continues to play an active role on the international stage through participation in a number of key multilateral environmental agreements and their associated negotiations. In addition to finalising our National Climate Change Adaptation Strategy, we have developed a draft Climate Change Bill to  provide effective national response for both mitigation and adaptation action.

“We are also currently implementing Phase One of our Greenhouse Gas Emission Reduction system, with carbon budgets already allocated to most of the significant emitters. We are working towards Phase Two, and are confident that once implemented it will support our transition to a low-carbon economy and society.

“Also as part of our effort to bolster our efforts to combat climate change, the South African Weather Service (SAWS) recently adopted the approach of building “a WeatherSMART nation”. This aims to enhance our early warning system to ensure that climate and weather data, products and applications are available to all South Africans.”

Source:

www.environment.gov.za

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