TIPS Webinar - Unravelling South Africa's Just Transition: Unpacking financial options

  • Date: Tuesday, 01 December 2020
  • Venue: Webinar
  
Presentations
 
Mike Ward - Climate Investment Funds
 
 
Emily Tyler - Meridian Economics 
Presentation: What is Ushiri?
 
Jesse Burton  - E3GP
 
 
Media
 

Marleny Arnoldi, Engineering News. 3 November 2020: Financing instruments need to be overhauled for a successful just transition

Background

South Africa, a carbon-intensive economy, has initiated a transition to a more sustainable development pathway. In a highly unequal society like South Africa, the need for a just transition, which would empower vulnerable stakeholders, has emerged as an imperative. International experience suggests that fostering a just transition requires long-term, ambitious interventions at multiple levels. While South Africa’s mix of measures is still in development, questions are already arising on how to finance a just transition, particularly within the country’s current fiscal constraints.

This dialogue aims to inform this just transition process. It explores a number of possible options to finance the just transition process in South Africa. It is the fifth iteration of a series. The recording of previous events can be accessed here: Unravelling South Africa's Just Transition.

About the Speakers

Emily Tyler is an Economist at Meridian Economics. She has focused her career on climate mitigation in a development context, bringing both an economics and complex systems perspective to policy and practical challenges. She will discuss the role of transition finance for climate change mitigation, with a focus on a just climate transition for South Africa.

Itumeleng Leie is Founding Director of the Ushiri Group. A financial market expert, he is a specialist in fundraising and capital structuring, fund and asset management, commercial law, and stakeholder engagement. He will share insights on the nexus between capital allocation processes and the overall return profile of infrastructure projects linked to Sustainable Development Goals.
 
Jesse Burton is a Senior Associate at climate change think-tank E3G and a Researcher at the University of Cape Town (UCT). She has extensive knowledge and expertise on energy issues, particularly the coal value chains and just transitions. She will present work on the volume and politics of fossil fuel subsidies in South Africa.

Mike Ward is the Director and Founder of Creating Sustainable Value (CSV). He has extensive experience in the sustainability sector, including as a Chartered Director (SA). He is currently supporting the World Bank’s work on just transitions. He will present a case study on Climate Investment Funds (CIF) and just transitions in South Africa.

About the Facilitator

Gaylor Montmasson-Clair is a Senior Economist at TIPS, where he leads work on Sustainable Growth. He has carried out extensive research on the transition to an inclusive green economy from a developing country perspective, with a focus on policy frameworks, industrial development, just transition and resource security.

This webinar builds on a four earlier dialogues, hosted on 7 July, 29 September, 3 November and 17 November.