Carbon intensity of our economy has become unsustainable – Ramaphosa

The carbon intensity of our economy has become unsustainable, President Cyril Ramaphosa writes in his latest weekly newsletter, published ahead of his address to a climate finance symposium being hosted jointly by the National Treasury and the Presidential Climate Commission. Ramaphosa notes that the world is moving towards greener economies and that a number of South Africa’s major trading partners are also taking measures to decarbonise that will affect the competitiveness of the country’s exports to these markets.