South Africa has made bold commitments to move to a lower carbon economy despite
its challenging starting point.
How is Sasol helping to achieve those objectives?
We see that the root to success is through creating an ecosystem and through
partnerships. And in this regard,
Sasol is partnering with both the private sector and with government to enable
this transition to a low carbon economy.
Now we know that South Africa has tremendous renewable energy potential and
through these partnerships that we've created with government in the private
sector, we want to unlock that renewable energy potential for the country.
To add to that point around ecosystem,
one of the key areas that we believe will be important for the success of these
projects, given the fact that they're highly competitive, is off-takes.
So investors and off-takers will be looking for credible players and Sasol is
one of the biggest energy players in the region with credible global reach.
So we are actually utilizing that opportunity to work very closely with
government to ensure that the necessary off-takes are in place.
But at the same time, we have to develop policies, regulations,
as well as standards that are gonna be required to enable this transition,
including infrastructure development. And at Sasol,
we are playing a critical role and ensuring that South Africa is actually poised
to succeed.