The Presidential Climate Commission @ClimateZA has released a draft paper on mechanisms to channel finance into just transition projects. We would really like your critical reflections and comments. 1/climatecommission.org.za/publications/d… As shown by our recent Climate Finance Landscape Report 2023 the flow of funds into mitigation and adaptation projects is growing (although not sufficient to meet need). But just transition funds are not even measured or tracked at the moment. 2/climatecommission.org.za/publications/t…

Here are some reflections on the #MTBPS2023 from a climate transition perspective. 1/treasury.gov.za/documents/mtbp… This is a very tough budget policy statement to swallow, but it has been a long time in coming. Some of it is beyond our control – the #Covid hangover, inflation and interest rates, conflict and high energy prices, diminishing growth in our main export markets. 2/

Apartheid’s Leviathan by @FaeezaBallim is a compelling story of the evolution of apartheid era state monopolies (Eskom and Iscor) into the modern era, and how they were entangled with the political economy within which they functioned. 1/ #Amazona.co/d/h9LVB9M The story is told from the perspective of what once was a marginal place, Lephalale (formerly Ellisras), which assumes national importance because of the Waterberg’s coking coal reserves and attracts the interest of apartheid industrial planners and military establishment. 2/

Given the misinformation circulating about @Eskom_SA’s #Komati power station, here is a thread about its decommissioning. 1/ The #Komati power station was commissioned in 1961, consisting of nine coal-fired generators, with a total installed capacity of 1 GW by 1966—more than twice the capacity of any existing power station at that time. 2/

Today @ClimateZA released a discussion paper on Carbon Border Adjustment Mechanisms #CBAM climatecommission.org.za/publications/c… Thread 1/ #CBAMs are intended to impose a tax on imported products equivalent to the domestic cost of emission reductions i.e. to ensure consistency in carbon pricing of goods traded between different jurisdictions. 2/