National Treasury and World Bank Collaborate on Climate Resilience Strategies

The Climate Resilience Symposium 2024, scheduled for 15 - 17 July in Pretoria, is set to draw attention to climate change with a focus on fostering resilience. Organized by National Treasury in collaboration with the Presidential Climate Commission, the World Bank, and other partners, the symposium aims to advance discussions and actions related to climate resilience under the theme, 'Moving the needle on climate change and just transition: The role of the National Treasury'.

Key stakeholders such as Ministers, Deputy Ministers, senior government officials, academia, private sector representatives, and climate experts will convene to address several objectives:

Integration of Climate Goals: The symposium seeks to embed climate objectives into macro-fiscal and finance policies, ensuring that climate considerations are central to economic planning.

Government Coordination: By mainstreaming climate change considerations into the intergovernmental fiscal system, the event aims to enhance government coordination on climate-related matters across different levels.

Profile National Treasury's Contribution: It will highlight the role of National Treasury in climate action, showcasing its initiatives and policies aimed at promoting sustainability and resilience.

Advancement of Policy and Advocacy: The symposium intends to foster policy development, advocacy efforts, and green growth strategies that contribute to addressing climate challenges comprehensively.

Sectoral Collaboration: Emphasizing collaboration across sectors, the event aims to encourage partnerships that facilitate a just transition towards a sustainable and climate-resilient economy.

Overall, the Climate Resilience Symposium 2024 represents a significant platform for discussing and advancing climate change resilience efforts within South Africa, highlighting the critical role of economic policies and fiscal frameworks in achieving sustainable development goals amidst global climate challenges.