{"id":1871,"date":"2021-01-06T17:15:08","date_gmt":"2021-01-06T17:15:08","guid":{"rendered":"https:\/\/www.africa-press.com\/south-africa\/?p=1871"},"modified":"2021-01-06T17:08:34","modified_gmt":"2021-01-06T17:08:34","slug":"vital-for-organisations-to-build-towards-a-carbon-neutral-economy-by-2050","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/vital-for-organisations-to-build-towards-a-carbon-neutral-economy-by-2050","title":{"rendered":"Vital for organisations to build towards a carbon neutral economy by 2050"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.com\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.com\/south-africa\">South-Africa<\/a>. <\/strong><\/span>Cape Town &#8211; Every new year of moving closer towards the Paris Climate Agreement, organisations are expected to become more innovative with their actions to achieve a net carbon neutral economy by 2050.<\/p>\n<p>World Wide Fund for Nature SA low-carbon frameworks programme manager Louise Naud\u00e9 said: \u201cNet zero will take everyone doing everything possible in all sectors. Shifting our electricity supply to renewables at a rapid rate yields a lot of emission reductions in one fell swoop.\u201d<\/p>\n<p>She said there are high-emitting businesses for whom a shift to a low-carbon economy would be a risk. Many of these businesses are well-informed and acting to lower South Africa\u2019s emissions as they re-engineer business models to the best extent possible.<\/p>\n<p>Unfortunately, there are still the businesses whose interests do not coincide with those of South African society and the economy.<\/p>\n<p>\u201cA driver for companies to get themselves up to speed is the increasing requirements from investors and lenders to evaluate a company\u2019s exposure to climate change and low-carbon transition risks,\u201d Naud\u00e9 said.<\/p>\n<p>Alliance for Climate Action South Africa (Acasa), which is a network of committed organisations working together to collectively achieve a net zero-carbon economy, has recently made a declaration to produce plans that will show how they will achieve net-zero emissions by 2050, individually and working with others. They will also use their influence to advocate for policies that support an economy-wide transition to #ZeroCarbon2050.<\/p>\n<p>Acasa said: \u201cAchieving net-carbon neutrality for the South African economy by 2050 requires collaboration between stakeholders in business, government and civil society to ensure the transition from the status quo is just. While the economy is heavily based on fossil fuels, we are also facing a worsening economic recession that has been exacerbated by the Covid-19 pandemic.\u201d<\/p>\n<p>They said climate ambitions have been ratcheted up internationally at an incredible pace in the last two years while increasing climate ambitions taking place in South Africa have also increased.<\/p>\n<p>\u201cThe balance we need to strike is in ensuring the conceptualisation and transition to a net-carbon neutral economy is just and that economic opportunity unlocked is inclusive and environmentally sustainable,\u201d Acasa said.<\/p>\n<p><b>Cape Argus<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. Cape Town &#8211; Every new year of moving closer towards the Paris Climate Agreement, organisations are expected to become more innovative with their actions to achieve a net carbon neutral economy by 2050. World Wide Fund for Nature SA low-carbon frameworks programme manager Louise Naud\u00e9 said: \u201cNet zero will take everyone doing [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":1870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-1871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vital for organisations to build towards a carbon neutral economy by 2050 - South Africa<\/title>\n<meta name=\"description\" content=\"Cape Town - Every new year of moving closer towards the Paris Climate Agreement, organisations are expected to become mo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/vital-for-organisations-to-build-towards-a-carbon-neutral-economy-by-2050\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vital for organisations to build towards a carbon neutral economy by 2050\" \/>\n<meta property=\"og:description\" content=\"Cape Town - 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