South Africa, a carbon-intensive economy, has initiated a transition to a more sustainable development pathway. In a highly unequal society like South Africa, the need for a just transition, which would empower vulnerable stakeholders, has emerged as an imperative. International experience suggests that fostering a just transition requires long-term, ambitious interventions at multiple levels. While South Africa’s mix of measures is still in development, questions are already arising on how to finance a just transition, particularly within the country’s current fiscal constraints.
This dialogue aims to inform this just transition process. It explores a number of possible options to finance the just transition process in South Africa. It is the fifth iteration of a series. The recording of previous events can be accessed on the TIPS website.
About the Speakers:
- Emily Tyler, Economist at Meridian Economics.
- Itumeleng Leie, Founding Director of the Ushiri Group.
- Jesse Burton, Senior Associate at E3G and Researcher at the University of Cape Town
- Mike Ward, Senior Evaluation and Sustainability Expert with the Climate Investment Funds (CIF)
About the Facilitator:
Gaylor Montmasson-Clair, Senior Economist at TIPS