South Africa’s trade-oriented economy faces mounting risks as companies decarbonise supply chains and countries begin to impose penalties on carbon-intensive imports. A new report from the Net Zero Tracker, Carbon Competitiveness: South Africa at the Net Zero–Trade Nexus, finds that the country’s coal-dependent power grid — which drives up embodied CO2 emissions (1) — makes it uniquely vulnerable, threatening billions in export revenue and hundreds of thousands of jobs. Key findings: 78% of South Africa’s $135 billion in exports go to countries with net zero targets — supporting 1.2 million…
Read MoreSouth Africa’s Export Engine at Risk as Biggest Markets go Clean
