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HiGHliGHts
Core policy objectives for South Africa
“To protect our environment, taking advantage of the growth opportunities offered
by the profound technological changes required to combat climate change and
greening our planet, and ensuring that the unavoidable costs are shared fairly across
society.” President Jacob Zuma, Preface, south africa’s Green Economy Accord (2011).
South Africa
Overview
South Africa is the largest economy in Africa. After years
of isolation under apartheid, since 1994 South Africa has
made enormous progress in improving living standards
and managing public finance. However, growth has slowed
following the global economic and financial crisis, and
a variety of structural and social challenges must be
overcome for the country to achieve its full growth potential:
unemployment is high, inequality is among the highest in the
world, and life expectancy is two-thirds of the OECD average.
opportunities
l Rich biodiversity and exceptional ecosystems and habitats.
l Abundant non-renewable energy and mineral resources.
l Green growth opportunities from wildlife game farming, ecotourism,
energy-efficiency measures and innovation.
l A comprehensive policy and regulatory framework for protecting the
environment and managing natural resources.
l the fastest-growing renewable energy market in the G20 and the
ninth-leading destination of clean energy investment.
challenGes
l One of the most energy- and carbon-intensive economies in the world.
l
An overreliance on natural resources.
l
Poorly regulated mining resulting in serious environmental damage.
l
High pressures on limited water resources.
l
Poor environmental quality and access to environmental services
(sanitation, waste collection and healthy housing) affecting health,
especially children.
l
increasing illegal poaching, wildlife trade and damage by invasive
species.
sOutH AfRicA 2012
Population
50.7 million
GDP/capita
usD 11 500, about one–
third of the oecD average
Area
1.2 million km²
Population density
41.3 inhabitants/km²
(oecD average is 34.3)
currency (2012)
usD 1.00 = Zar 8.21