In this episode, Michael Avery hosts a panel discussion featuring Dr Penny Byrne, Analyst at Standard Bank Group; Nazmeera Moola, Chief Sustainability Officer at Ninety One; and Berenice Francis, Group Executive: Corporate Affairs, Risk and Sustainability at Motus Holdings.
The conversation put a spotlight on financing the energy transition from a global macroeconomic perspective as well as the domestic considerations in realising this goal.
On the domestic front, the panel discussed the potential effects of the energy transition on different stakeholders, as well as how this transition could be incentivised and supported by the private and public sectors.
Michael kicked off the discussion by quoting Barbara Creecy, South Africa’s Minister of Forestry and Fisheries and Environmental Affairs: “Developed countries should use Cop27 to rebuild trust with developing countries by narrowing the gap between pledges and actual implementation.”
The panel went on to discuss the lack of access to modern energy and what a fair energy transition in Africa, specifically South Africa, might look like.
Other themes examined in the episode included the threat of stranded assets, greenwashing, how banks’ understanding of risks around ESG is growing and the role shareholders can play in driving change.
Listen to the conversation here:
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