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BUDGET 2024: TREADING WATER AND GOING NOWHERE
The Institute for Economic Justice (IEJ) criticizes the 2024 South African National Budget for prioritizing debt stabilization and budget cuts over essential public services and economic growth. The IEJ highlights a projected 23% decrease in real non-interest expenditure per capita by 2026/27 and argues that the government is ignoring viable revenue sources, such as wealth and financial transaction taxes. The statement notes that social grants, including the SRD grant, are failing to keep pace with inflation and that spending on healthcare, education, and economic drivers is declining. Furthermore, the IEJ warns against the government's heavy reliance on Private-Public Partnerships for infrastructure and electricity, citing increased fiscal risks and potential environmental damage.
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Document type: Statement
annexures-1-f9f3564c86a643a7.pdf
This Climate Resilience Assessment (CRA), conducted by Environmental Resources Management Southern Africa Pty (Ltd) in January 2017, evaluates climate-related risks for the proposed 1,200 MW Thabametsi coal-fired power station in Lephalale, Limpopo Province, South Africa. The report identifies key vulnerabilities related to increasing temperatures, water scarcity, and extreme weather events, proposing adaptation measures to enhance the project's long-term resilience.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report