At COP27, President Cyril Ramaphosa launched the new JET Investment Plan (JET-IP) which sets out in detail how South Africa proposes to use the $8.5bn the EU and several developed nations have pledged towards the country’s transition to a low carbon economy. Embracing new economic opportunities in green technologies can drive industrial development and innovation, leading to a sustainable and resilient future with decent work, social inclusion and lower levels of poverty.
South Africa’s energy crisis is crippling our economy, however, a fair and sustainable transition toward greater energy security requires clear and decisive leadership, high levels of collaboration, and a shared vision of the future with full buy-in by all relevant stakeholders.
We look forward to an intimate networking engagement with Mayor Geordin Hill-Lewis and Deputy Mayor Eddie Andrews who will share with us their insights and views on what the JET-IP means for Cape Town, and how regional business can support the City in its mission to make Cape Town the first municipality free from load-shedding.
Objectives of the Engagement: