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Wins for climate change in the budget:

  • Makhiba Mollo
  • Apr 11, 2024
  • 1 min read

Striving to meet our 2030 nationally determined contributions, what milestones were outlined?


To promote investment in renewable energy projects, proposals made to raise the limit on projects that can qualify for carbon offset regimes from 15 MW to 30 MW; electric vehicle white paper: investment allowance beginning March 2026 to promote transition to electric vehicles; environmental taxes raised, from R159 per ton to R190 per ton of carbon dioxide equivalent. 


 
 
 

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