Page 37 - Energize August 2021

VIEWS AND OPINION

7. The transformation of South Africa’s power system can result in net-positive job creation Navigating the transition will be complex and
if South Africa can successfully localise elements of the renewable energy value chain and will require a high degree of collaboration
effectively re-skill the workforce. across industries and amongst government,
8. South Africa’s world class renewable energy resources also allow a highly competitive private sector and the public.
production cost of H2 below $1,60/kg by 2030, putting South Africa as potentially one of the “Ultimately, a just transition needs to
largest global exporters of green H2 and green fuels. be built on a national conversation that
9. To help fund this journey and ensure competitive cost of capital, access to international green includes all stakeholders,” says Yawitch.
finance will be required to succeed. “This is why the NBI membership together
10. To enable this pathway, cross-sector collaboration and a conducive policy environment will be with BCG and BUSA are supporting the
critical. efforts that the South African government
are leading through the Presidential
Unlocking South Africa’s vision of a just transition against this backdrop, at national and sectoral Climate Commission and the National
levels, hinges on key building blocks being in place: Planning Commission, to drive broad multi-
• An enabling policy framework to support reindustrialisation and the creation of new stakeholder engagement and understand
industries net-zero decarbonisation pathways, sector
• Job creation by sector.”
• Social and ecological welfare
• Managing geographic and cultural dislocation of communities A copy of the power sector
• Education, capacitation and reskilling report can be downloaded here
• Economic inclusion and participation (especially of the youth and black women)
• More distributed ownership Reports for each sector will be released as
• Improved quality of work they are completed.
• Infrastructure planning and rollout
• Policy and governance Contact NBI, Tel 011 544-6000,
• Funding info@nbi.org.za

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