Wednesday, February 17, 2010

2010 Budget Speech for South Africa

Again it is even more encouraging that South African government is putting money where their mouth is. Mr Gordhan through his budget speech for 2010 has reiterated the words of the President Zuma in that "green economy initiatives will create new opportunities for enterprise development, job creation and the renewal of commercial and residential environments"

Mr Gordhan after noting the challenges that climate change is posing, he on the other hand pointed out to opportunities for South Africa such as creating an environment that will "enable investment in sustainable technologies". He with the same vigour calls for "industries to be helped to manage scarce resources more efficiently and to reduce greenhouse gas emissions through appropriate pricing of energy."

Green Opportunities

I believe that South Africa is doing her bit to contribute to the green economy. This is a call to local and foreign investors to reconsider opportunities in the country and in Africa in the renewable energy sector including R&D of sustainable living technologies and efficiency-driven approaches.

1 comment:

Anonymous said...

It is useful to try everything in practise anyway and I like that here it's always possible to find something new. :)