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Just Transition

Can any economic transition be just?

Has it been done before, what can we learn and where are the warning lights?

This is the next in our First Tuesdays series. We are looking forward to your joining our monthly sponsored awareness and educational series.
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Energy poverty is a crucial and urgent priority for development.

Lack of access to affordable, reliable energy hinders all other development outcomes including economic growth, health, education, livelihoods, women’s empowerment and the job-creation effects of vibrant entrepreneurship and small enterprise development.

  • 750 million people lack any access to energy
  • 2.8 billion suffer from unreliable access to power and/or get by on less than the established minimum energy usage needed to emerge from energy poverty

 

In total nearly half the world, some 3.6 billion people, live in energy poverty.

However, continuing with business-as-usual where emissions reductions from developed and middle-income countries fall well short of stated targets, while energy-poor countries continue their current emissions growth trajectory, is projected to result in a ~3°C global temperature increase by 2050, an outcome that would be truly catastrophic.

Source: Global Energy Alliance for People and Planet

This content is important for

  • Governing body and executive committee members;
  • Accounting authorities;
  • Public administrators;
  • Economic practitioners and investors;
  • Sustainability officers;
  • Executive education practitioners

What you will learn

forewarned is forearmed

This conent is intended to equip attendees with the abilities to explain the need and rationale for a “just transition” from macro and micro perspectives, and understand the demands thereof for both the public and private sectors.

Watch this recording to learn how to:

  • Explain the need and rationale for a “just transition” from macro and micro perspectives, and
  • Understand the demands thereof for both the public and private sectors

Kindly sponsored by:

About SAICA – The South African Institute of Chartered Accountants

SAICA is South Africa’s pre-eminent accountancy body and is widely recognised as one of the world’s leading accounting institutes. The institute provides a wide range of support services to more than 50 000 members and associates who are chartered accountants (CAs(SA)), as well as associate general accountants (AGAs(SA)) and accounting technicians (ATs(SA)). Find out more here.

Expert Guests

Alex Hetherington

Sustainability strategist | ESG investor |Climate scenario analyst
TCFD reporter | Third Line Group | Carbon Calculated | TonneZero

Member of the Advisory Committee

Alex Hetherington is a seasoned corporate sustainability professional with 25-years’ experience in carbon accounting, climate scenario analysis and investor insight into market-related climate risks and opportunities. He has worked with clients in Africa, USA, UK, Europe, Middle East and Australia.

 

Originally trained as a journalist, with a Bachelor of Arts degree in English and Politics from the University of Cape Town (1993), Alex took a MSc in Environmental Management from Imperial College, London (2004), and recently completed a CPA in Sustainable Finance and Investment from Columbia University in the city of New York (2021).

Having established himself as an early pioneer in corporate sustainability strategy, Alex co-founded Carbon
Calculated, a carbon management and climate change consultancy, which has worked with over thirty companies and brands across multiple geographies. He currently consults on investor understanding of climate risk and response.

Belynda Petrie

CEO and co-founder of OneWorld Sustainable Investments​

Belynda Petrie is CEO and co-founder of OneWorld, and an internationally recognised expert in climate change, energy and water, with a post-graduate degree in law.

 

Belynda is currently a PhD candidate in Economics at the University of Cape Town. Although not practising law, this expertise is applied through the relevant governance issues and political economy analysis that underpins her work.

 

Ms Petrie is a senior international consultant across the climate and development nexus, with a wide range of project-relevant skills and experience including:

  • Leading the City of Cape Town Climate Risk, Vulnerability Hazard Assessment and Adaptation Investment Plan
  • Leading a team that provided strategic, technical and logistical support to the Africa Group of Negotiators (AGN), with a specific focus on negotiation aspects of adaptation and climate finance;
  •  
  • Leading a project for UNDP on assessing climate finance readiness across Africa, based on six African country case studies;
  • Development of a vulnerability study on climate change (water and climate component) and an Investment Strategy for building resilience in the Limpopo River Basin for Chemonics/USAID;
  • Regularly serves as a policy and technical advisor to African Governments on climate change and finance and has led a range of related capacity building and skills and knowledge transfer initiatives.

Participatory analysis, with targeted stakeholders is an approach that underpins almost every project that Ms Petrie leads or designs.


Well versed in climate adaptation strategies and investments in Africa as well as in the UNFCCC climate mechanisms and negotiations, she regularly reviews and analyses the negotiation positions of Parties to the UNFCCC and has also supported the negotiations approach of the AGN for other market- and non-market-based mechanisms.


10 years’ experience in green growth including advising continental and global entities (UNECA, OECD) on plausible GG trajectories for Africa.


15 years as a senior consultant on numerous climate change programme mid-term reviews, final evaluations, project identification and design and formulation missions in Africa and Asia for various international development partners (DANIDA, DFID, the UN, SIDA).


20 years of institutional and capacity development; facilitating government ownership and adaptive institutions, including developing feasible, overarching strategies for social inclusion (including gender).

Karien Erasmus

Associate Director and Sustainability Lead, BDO South Africa 

“Sustainability is both a way of understanding the world and an approach to solving complex challenges. As such, I am passionate about the role of inter-sector and inter-discipline collaboration to untangle the complexities of sustainability.”

 

Karien is a Sustainability and Climate Change specialist with over 15 years of experience in the African sustainability space. She is a senior manager in the BDO Risk Advisory Services Division, assisting to build and develop BDO’s sustainability service offering. Karien holds a Master’s Degree from the University of Pretoria in Development Practice. This MPhil programme is affiliated with the Global Association of Master’s in Development Practice, coordinated by Columbia University in New York. Her thesis considered responsible leadership and the application of greenhouse gas target setting methodologies in developing economies and it was selected for publication in the book Sustainable Development Goals for Society, by Springer Nature in 2021.

 

Karien’s experience spans development planning, sustainability, and climate change across various economic sectors. She has led strategic projects in South Africa, Nigeria, Ghana and Peru. Her current core focus areas include sustainability risk assessment and strategy development, sustainability reporting, scenario analysis, climate risk and vulnerability assessment, climate adaptation planning and greenhouse gas inventory analysis.

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