IISD in the news

Govt spends billions subsidising fossil fuels at huge social cost - report

South Africa is the biggest emitter of greenhouse gases on the continent, with Sasol and Eskom together responsible for more than half of these emissions. A report published by the International Institute for Sustainable Development (IISD) says South Africa spent R172 billion on energy subsidies in the 2020 financial year, with the highest subsidies allocated to fossil fuels.

February 1, 2022