Mmegi

Energy transition should not destroy economies, B20 official says

Speaking out: Coovadia
Speaking out: Coovadia

JOHANNESBURG – As the world’s major powers reassess their paths to sustainability and the green transition, the global South should also ensure that it defines its own way that does not destroy economies in the process, a top official of the B20 has said here.

Cas Coovadia, CEO of Business Unity South Africa and B20 Sherpa, was speaking at the launch of the South African Business Initiative for Impact, a side-event of the B20 which started here today. The B20 serves as the official G20 dialogue forum with the global business community, bringing together business leaders from G20 member countries and beyond.

Each year, the B20 provides a platform for companies and business organisations to articulate their perspectives on pressing global economic and trade issues. Coovadia, as the B20 Sherpa, acts as the chief negotiator and coordinator, responsible for developing and finalising the B20's policy recommendations and presenting them to the G20 leadership.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up