Lack of finance data hampers climate goals in South Africa: Report

India, Feb. 10 -- South Africa is the world's 14thlargest emitter of carbon dioxide. Its national climate change response policy calls for inclusion of financial services sector

Implementation of climate goals is becoming increasingly difficult in South Africa due to a lack of climate finance data, according to a report published recently. South Africa has committed to reach the goal of limiting global warming to 1.5 degrees Celsius.

The report, published by GreenCape and the Bertha Centre for Social Innovation and Entrepreneurship in partnerships with Climate Policy Initiative (CPI), provided a baseline of all that was possible in catalysing financing and investments required to proceed towards a low-carbon and climate-resilient economy....