Category: South Africa

News, indicators and facts of the work of the Green Fiscal Policy Network and our partners in South Africa.

Coal power plant

BRICS summit is likely to strongly oppose carbon tax proposed by EU

2021-09-16

Brazil, Russia, India, China and South Africa may strongly oppose the proposed Carbon Border Adjustment Mechanism (CBAM) by the European Union at the 13th BRICS Summit on Thursday as the five developing countries will likely be the biggest losers from its implementation. In a veiled reference to CBAM, BRICS trade ministers last week cautioned that any measure to tackle climate change must be in conformity with multilateral trading rules and shouldn’t put arbitrary restrictions on international trade.

Newspaper

South Africa carbon tax to align to UN treaties

2021-08-12

South Africa’s carbon tax laws are set to change with the international frameworks it aligns to, as reflected in the latest amendment to the carbon offset regulations.

EU’s border tax gives countries 5 years to clean up industries or face penalties

2021-07-19

Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax The European Union

Carbon border adjustment mechanisms: Will innovative climate policy launch a trade war?

2021-07-05

There is growing attention on the concept of carbon border adjustment mechanisms (CBAMs), a hypothetical form of trade restriction intended to deal with “carbon leakage”: the expectation that aggressive mitigation

Sustainable Fisheries Versus Harmful Subsidies: Let’s End the War of Attrition

2021-06-21

There is only one month left to fine-tune possible agreements for governments to stop funding overfishing

P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP

2021-06-14

P4G Seoul Summit wrapped up on May 31, proclaiming global inclusive green growth in Seoul Declaration. The Summit called for global cooperation in climate change response; developed countries announce support for

South Africa’s Draft Green Paper On New Energy Vehicles Is A Step In The Right Direction

2021-06-08

The Auto Green Paper aims to address key policy issues that will create and stimulate production of electric vehicles and associated components locally whilst looking at how to manage the

International Energy agency: End new fossil fuel supply investments

2021-05-31

The International Energy Agency says immediate action is needed to reshape the world’s energy sector in order to meet ambitious climate goals by 2050, including ending investments in new coal

Capitol in Washington

Leaders Summit Showcases Clean Energy Commitments to Tackle Global Climate Crisis

2021-05-11

In late April, US President Joe Biden convened 40 world leaders to “galvanize efforts” by the world’s major economies to tackle climate change, highlight economic benefits of early, “decisive” action,

Street view in London

UK rules out public subsidy for East African oil pipeline

2021-03-29

UK Export Finance will no longer back oil and gas projects overseas, shutting off a potential source of support for a major pipeline across Uganda and Tanzania By Isabelle Gerretsen The

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UN Environment

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International Monetary Fund

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