Energy transition should not destroy economies, B20 official says :: Mmegi Online

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.

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