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- Janet Wilhelm
Post COVID-19 industrial development projects: Alternative fuel
As South Africa responds to COVID-19 and aims to stimulate the economy and job creation post lockdown, an opportunity should not be missed to consider investing in new product markets which could increase the size and dynamism of the manufacturing sector. Such a package could contribute to arresting the trend of deindustrialisation and shift the trajectory of the industrial base into new, sustainable growth areas and value chains. This would result in new factories, new downstream demand for primary and intermediate inputs, new export products, increased foreign exchange earnings, and new direct and indirect long-term jobs.
Using the idea of “business unusual” TIPS economists put together a Post COVID-19 recovery programme that could provide the impetus to arrest the trend of deindustrialisation and herald the beginning of a new generation of industrial activity. The study comprises a main consolidated report and the seven initial projects that have been identified, including this one on Alternative fuel. This project looks at establishing a co-processing facility at a cement plant as a means to catalyse a broader waste beneficiation industry in South Africa.
Download a copy or read online Project five: Alternative fuel
Main report and other projects
Main consolidated report: Industrial development projects
Project one: Borehole drilling rigs
Project three: Polylactic acid (bioplastics)
Project four: Containerised short sea shipping service
Project six: Furfural and furfuryl alcohol plant (biochemicals)
Post COVID-19 industrial development projects: Furfural and furfuryl alcohol plant (biochemicals)
As South Africa responds to COVID-19 and aims to stimulate the economy and job creation post lockdown, an opportunity should not be missed to consider investing in new product markets which could increase the size and dynamism of the manufacturing sector. Such a package could contribute to arresting the trend of deindustrialisation and shift the trajectory of the industrial base into new, sustainable growth areas and value chains. This would result in new factories, new downstream demand for primary and intermediate inputs, new export products, increased foreign exchange earnings, and new direct and indirect long-term jobs.
Using the idea of “business unusual” TIPS economists put together a Post COVID-19 recovery programme that could provide the impetus to arrest the trend of deindustrialisation and herald the beginning of a new generation of industrial activity. The study comprises a main consolidated report and the seven initial projects that have been identified, including this one on Furfural and furfuryl alcohol plant (biochemicals). This project looks at the commercial scale production of furfural and furfural alcohol from sugarcane bagasse for the local foundry industry and broader export market.
Download a copy of read online Project six: Furfural and furfuryl alcohol plant (biochemicals)
Main report and other projects
Main consolidated report: Industrial development projects
Project one: Borehole drilling rigs
Project three: Polylactic acid (bioplastics)
Project four: Containerised short sea shipping service
Post COVID-19 industrial development projects: Motocycle components
As South Africa responds to COVID-19 and aims to stimulate the economy and job creation post lockdown, an opportunity should not be missed to consider investing in new product markets which could increase the size and dynamism of the manufacturing sector. Such a package could contribute to arresting the trend of deindustrialisation and shift the trajectory of the industrial base into new, sustainable growth areas and value chains. This would result in new factories, new downstream demand for primary and intermediate inputs, new export products, increased foreign exchange earnings, and new direct and indirect long-term jobs.
Using the idea of “business unusual” TIPS economists put together a Post COVID-19 recovery programme that could provide the impetus to arrest the trend of deindustrialisation and herald the beginning of a new generation of industrial activity. The study comprises a main consolidated report and the seven initial projects that have been identified, including this one on Motocycle components. This project looks at the production of Class A motocycle components (only) for export to the African assembly and after-sales markets.
Download a copy or read online Project seven: Motocycle components
Main report and other projects
Main consolidated report: Industrial development projects
Project one: Borehole drilling rigs
Project three: Polylactic acid (bioplastics)
Project four: Containerised short sea shipping service
Project five: Alternative fuel
Project six: Furfural and furfuryl alcohol plant (biochemicals)
SOC mandates, outcomes and the COVID-19 pandemic
This paper:
- Reviews the socio-economic mandates of the major state-owned companies (SOCs) as reflected in official documents, sometimes only implicitly;
- Provides case studies of four leading SOCs in terms of their socio-economic and financial mandates over the past decade or so; and
- The actual and potential impact of the COVID-19 pandemic on the four case studies.
The study reviews the SOC and development finance institute landscape in terms of the functions and size of the various entities. It then looks in more detail at Eskom, SANRAL, Transnet and Denel.
It concludes with a discussion of some common shortcomings identified in the analysis of the four SOCs.
Third-quarter Real Economy Bulletin shows auto, iron, platinum export weaknesses
Engineering News - 14 December 2021 by Schalk Burger
Democracy means the government must find solutions the majority can live with
Business Day - 13 December 2021 by Neva Makgetla (TIPS Senior Economist)
Getting buy-in from the people most at risk in SA’s just transition to low-carbon energy – the workers
Daily Maverick - 12 December 2021 by Ethan van Diemen
Catastrophic climate change will affect the poorest - Climate Commission
Policy approaches to guide finance flows for more effective climate action in South Africa
SUMMARY: Finance is essential to implement effective climate action. A just transition requires transition finance as a component of finance for climate action - to protect the adequacy of energy supply and to mitigate negative economic, employment and social impacts during transition - supporting both an accelerated phasing-out of coal and development that sustains livelihoods in affected regions like Mpumalanga. The paper aims to contribute to better understanding of ways to quantity of international and domestic finance for climate action and shift the direction of investment in South Africa. The scope of the paper has South Africa as its geographical focus. It examines finance flows at the national scale and considers international dimensions only where relevant to the country. The scope in relation to policy is broad, it considers government policy instruments across national departments and local government, a finance and fiscal tool-kit, the governance and institutional landscape that enable and direct finance flows, and policies that can guide investments in development of human and institutional capacity.
KEY FINDINGS / RECOMMENDATIONS: The paper reports that government has adopted a definition of sustainable finance, and is working on a Green Finance Taxonomy for South Africa and climate budget tagging. In assessing initial bottom-up estimates of finance needs for both mitigation and adaptation, the paper finds that the overall cumulative investment requirement for mitigation ranges from R460-760 billion. It suggests several possible ways to increase the quantity of international and domestic finance for climate action and shift the direction of flows in South Africa. The government needs to engage more proactively with international climate finance providers to scale up adaptation finance. Aligning policy is critical to avoid incoherence. Greater co-ordination, clear policy signals - for both adaption and mitigation should be sent. Possible options for coordination have been described - horizontally across different constituencies, and also across line-functions in national government, as well as vertically, across spheres of government.
Developing countries need to chart their own course to net zero emissions
SUMMARY: The article discusses the need for developing countries to chart their own course to net-zero emissions. Net-zero targets are the most recent attempt by countries to avoid the 2°C or 1.5°C increase in global temperatures and avoid a climate change crisis. A blanket approach to net-zero targets is not advised as developing counties have yet to reach their peak emissions and have less emissions per capita. Emissions reductions could also take longer in developing countries as they have other overriding challenges such as poverty and inequality. For the world to reach carbon neutrality in 2050, developed countries have to reach net zero carbon emissions earlier.
KEY FINDINGS / RECOMMENDATIONS: Net zero targets are a powerful way to signal a common cause between nations. Retaining the sense of solidarity will require that these targets be consistent with demands for climate justice and national contexts. This approach to net-zero makes for smarter policies and increase the changes of real actions. Instead of a single net zero transition, there must be space for multiple transitions, consistent with climate justice and tailored to different national contexts.
Read online: https://theconversation.com/developing-countries-need-to-chart-their-own-course-to-net-zero-emissions-159655