Transitioning planning is a critical step in any company’s decarbonisation journey. It guides internal strategies, management, and operations towards achieving decarbonisation targets and mitigating transition risks like carbon taxes and the EU’s CBAM. It is also an important tool for communicating your climate ambition externally to key stakeholders, including suppliers, customers, and financiers. In fact, a credible transition plan can help companies access sustainable finance for funding their decarbonisation.

African financial institutions are pivotal in driving the continent’s Net Zero journey. At the Carbon Trust, we possess a unique understanding of Africa’s decarbonisation opportunities and challenges, along with the financial innovations needed to support this transition.

We see countless examples where investment managers need to get a deal approved by an investment committee in less than one week. Climate due diligence is essential, but it shouldn’t be a blocker. It’s important non-sustainability experts have the tools and confidence to check climate credentials and prevent unnecessary delays that may result in financial institutions passing on qualified sustainability investments.

CBAM requires South Africa’s iron, steel and aluminium sectors to innovate and respond to what is, essentially, the world’s first marketplace for low carbon metals. By decarbonising their value chains, South Africa can gain a competitive advantage, drive sustainable economic development and ultimately support the country’s just transition.