Thanks for sharing your takeaways. The role of the Tax and incentive system by national governments in stimulating, accelerating and crowding in public and private sector is different in Global North versus the Global South. #GCET25 South Africa hss been a key platform to discuss these differences. #GCET26 will be in Brazil next year as we build up to #COP30.
Today's theme at #GCET25 was Private-Public-Partnerships (PPP) in the Just Energy Transition, a topic that deserves an event all to itself. Financing for the transition, addressing climate justice and inequalities as well as structural socio-economic changes including education on the pathway to decarbonization is key. I was delighted to be part of this panel alongside Abel Sakhau, Muhammad Ashfaq Ahmad and Prof Lee-Ann Steenkamp (PhD) (who expertly moderated this discussion). In line with COP29, the topic that dominated the discussion was funding for decarbonization and a just transition. My key takeaways: 💹 Need for de-risking financial instruments and arrangements to make decarbonization investment opportunities commercially viable for private investors as they are anticipated to provide the bulk of the needed funding 🤝 Pivoting traditional PPPs to go beyond financing, include skills, innovation, research & development capability, market-making, operational delivery know-how 💡 Include corporates into PPPs to deliver goals - contribute knowledge, resources and infrastructure, and in the process strengthen resilience of their supply chains 👩🏫 Restructure socio-economic structure to successfully deliver and operate transitional and decarbonised economies, such as restructure toward decarbonized curriculum, education at all levels, awareness of commercial viability as well as and ESG impact of commercial activities, ongoing upskilling etc 📃 Leverage 'new generation' EU supply chain regulations (CSRD, CSDDD, EUDR, CBAM) to support the just transition among most affected communities and workforces Overall, collaboration internationally and between public and private, including corporates, is critically needed. With the aim being to iteratively shape and deliver decarbonization goals for global and local communities, and in the process protect and strengthen supply chain resilience. Stellenbosch Business School Duane Newman Kasia Klaczynska Lewis Mary O'Leary Joost Vreeswijk Warren Taylor Kristen Gray Jesper Solgaard Roxane Naro Markarian Linn Anker-Sørensen Michelle T. Davies (née Thomas) Richard J. Albert Hein Brinkmann Ana Fallas #supplychain #justransition #environment #climatechange
