The Rise of Sustainable Development in South Africa and the Need for Proactive Investment Companies
The transition towards sustainable development is gaining momentum in South Africa, especially as the country grapples with climate change, water scarcity, and reliance on coal. The recent Integrated Resource Plan (IRP) targets 20 GW of renewable energy capacity by 2030, underscoring the need for sustainable infrastructure projects that reduce environmental impact while meeting energy and housing demands (source: Department of Mineral Resources and Energy, “Integrated Resource Plan”).
“…sustainable projects stimulate job creation in green industries, which is estimated to add 300,000 jobs by 2030, according to South Africa’s Green Economy Strategy.”
Environmental and Economic Benefits of Sustainability
South Africa is the 14th largest emitter of greenhouse gases globally, with coal powering over 80% of its energy grid (source: World Bank, “Climate Change Overview”). Moving towards renewable energy sources is essential to reduce emissions and improve public health. Furthermore, sustainable projects stimulate job creation in green industries, which is estimated to add 300,000 jobs by 2030, according to South Africa’s Green Economy Strategy.
How CREATE’s Sustainable Projects Make a Difference
CREATE’s smart village projects integrate renewable energy sources like solar and wind, contributing to energy independence and lower emissions. For example, Coega Ridge will feature rooftop solar installations, electric vehicle charging stations, and waste recycling facilities. CREATE’s emphasis on green infrastructure aligns with the national commitment to the Sustainable Development Goals (SDGs), offering investors an opportunity to make impactful, sustainable investments.
Renewable Energy Target: 20 GW by 2030, per the IRP.
Green Jobs Potential: 300,000 new jobs by 2030 in renewable energy and related fields.
Greenhouse Gas Emissions: South Africa is the 14th largest emitter, primarily due to coal reliance.
Relevant Links
Department of Mineral Resources and Energy: Integrated Resource Plan
World Bank: Climate Change Overview
South Africa’s Green Economy Strategy: Green Economy
