As mentioned in the South African Budget 2024, government has published a carbon tax discussion paper for comment. The discussion paper puts forward proposals on phase two of the carbon tax design from 2026 to 2035 for consultation, considering South Africa’s Nationally Determined Contributions (NDC) commitments. The NDCs set out policies and measures to achieve these mitigation goals and adapt to climate change and the finance requirements to support the transition to a lower carbon climate resilient economy. Carbon tax is an integral part of the package of policy measures aimed at addressing climate change as recommended in the 2011 National Climate Change Response Policy and the 2012 National Development Plan. Find the Carbon Tax Discussions Paper on National Treasury websiteNow WatchAriane Labat: Counselor for Climate Action, EU Delegation to SA talks climate change and carbon tax at Enlit Africa 2022

Source: The North Africa Journal November 19, 2024 11:47 UTC