South Africa: Energy Transitions - the Role of Institutions and Market Structures

analysis

Many studies indicate that the root causes of climate change are mostly human activities. The 2021 Intergovernmental Panel on Climate Change (IPCC) report warns that many of these climate changes are already irreversible. But there's still hope. The message of the IPCC report is crystal clear: we have to raise the ambition level of mitigation.

This means that drastic changes are needed to mitigate environmental degradation. These are radical structural changes that will accelerate the fight against climate change. It's clear from the IPCC report that time is not on humanity's side.

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