Green investment in South Africa could inspire growth and create jobs, according to a new study.
The report claims that investment in a low-carbon and resource efficient economy could create 170,000 jobs in the country, increase crop yields by almost a quarter and provide greater water availability.
It suggests that with greater sustainability across the board, South Africa would see more benefits that it would with a business as usual approach. Maintaining economic growth while lowering emissions of greenhouse gases would also cause less environmental damage.
Commissioned by the UN Environment Programme (UNEP) at the request of South’s Africa Department of Environmental Affairs, the report was presented on Tuesday by the country’s water and environment minister Edna Molewa.
She said, “This study demonstrates that a green economy approach, which takes into account the country’s economic, social and environmental aspirations, can deliver as much growth as a business as usual model but in a more sustainable manner.
“The report’s findings will help guide the country’s future policies and investments, as it work towards achieving its sustainable development and poverty eradication goals.”
The study admits that investment in the transport sector is insufficient to meet the country’s 2015 energy efficiency targets. However, it suggests that more “aggressive” investment could achieve efficiency improvements of 5.5% by 2030, partially offsetting the projected population growth.
UNEP executive director Achim Steiner said, “By undertaking this modelling exercise, South Africa is also contributing to the global discussion on how countries can measure progress towards their sustainable development aspirations.”
In November 2011, the South African government announced the Green Economy Accord. The deal between the government, labour unions and the private sector aims to create 300,000 new green jobs by 2020.
Like our Facebook Page
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years