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Climate Politics

South Africa Aims to Factor Climate-Related Spending Into Budget

  • Eleven climate-budget-tagging pilots to be completed in June
  • Nation needs to spend $250 billion to migrate to green energy
A coal-fired power station in Mpumalanga, South Africa. 

A coal-fired power station in Mpumalanga, South Africa. 

Photographer: Waldo Swiegers/Bloomberg

South Africa’s Treasury intends using 11 pilot projects that it instituted to track climate-change related expenditure as a starting point to determine how to incorporate environmental factors and objectives into the national budget. 

The so-called climate-budget tagging pilot projects, which began last year and are due to be completed next month, “will help improve future spending on mitigation and adaptation measures,” and strengthen cooperation between spheres of government when it comes to responding to climate change, the Treasury said in response to emailed questions.