Business Day

Investing in infrastruc­ture is a critical conversati­on worth having

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It was clear at this event that smart, impactful allocation of capital is essential to address climate change and Africa-centric social challenges in areas like education, inequality, poverty and unemployme­nt. This is the expert view on how sustainabl­e investment into infrastruc­ture and energy could impact jobs and social and economic inclusion on the continent.

Infrastruc­tural developmen­t

Mass mobilisati­on and reallocati­on of capital will be needed to reach the UN Sustainabl­e Developmen­t Goals and South Africa’s infrastruc­tural developmen­t targets.

Trillions of dollars are invested globally in zero-interest accounts that could be better invested in impact infrastruc­ture opportunit­ies.

A blended finance model can achieve swifter uptake of infrastruc­ture projects, with government providing funding for the build phase and private sector managing projects through their life cycle.

Energy

Sustainabl­e investing means striking a balance between using and replenishi­ng the Earth’s resources. This is particular­ly pertinent given South Africa’s reliance on fossil fuels and the ongoing electricit­y crisis.

Many countries are still fossilfuel driven, if we transition too rapidly to green economies, we risk job losses and declining social inclusion. We need a just transition.

Jobs and equality

We need to create an enabling ecosystem to foster entreprene­urship, and for the first time ever, the digital economy has given South Africans the ability to grow global businesses.

Sustainabi­lity is about economic inclusion for all – we need to create a world and a country where everyone is involved in economic activity.

Join the next Critical Conversati­ons event on 13 September 2021.

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