WEBVTT 1 00:00:00.360 --> 00:00:04.520 South Africa has made bold commitments to move to a lower carbon economy despite 2 00:00:04.520 --> 00:00:06.360 its challenging starting point. 3 00:00:06.360 --> 00:00:08.760 How is Sasol helping to achieve those objectives? 4 00:00:09.610 --> 00:00:13.600 We see that the root to success is through creating an ecosystem and through 5 00:00:13.600 --> 00:00:15.040 partnerships. And in this regard, 6 00:00:15.330 --> 00:00:19.040 Sasol is partnering with both the private sector and with government to enable 7 00:00:19.040 --> 00:00:21.320 this transition to a low carbon economy. 8 00:00:21.780 --> 00:00:25.840 Now we know that South Africa has tremendous renewable energy potential and 9 00:00:25.840 --> 00:00:28.680 through these partnerships that we've created with government in the private 10 00:00:28.680 --> 00:00:32.000 sector, we want to unlock that renewable energy potential for the country. 11 00:00:32.850 --> 00:00:36.080 To add to that point around ecosystem, 12 00:00:36.080 --> 00:00:39.720 one of the key areas that we believe will be important for the success of these 13 00:00:39.870 --> 00:00:43.360 projects, given the fact that they're highly competitive, is off-takes. 14 00:00:43.730 --> 00:00:48.520 So investors and off-takers will be looking for credible players and Sasol is 15 00:00:48.520 --> 00:00:53.280 one of the biggest energy players in the region with credible global reach. 16 00:00:53.280 --> 00:00:56.520 So we are actually utilizing that opportunity to work very closely with 17 00:00:56.520 --> 00:00:59.920 government to ensure that the necessary off-takes are in place. 18 00:01:00.100 --> 00:01:04.200 But at the same time, we have to develop policies, regulations, 19 00:01:04.530 --> 00:01:08.520 as well as standards that are gonna be required to enable this transition, 20 00:01:08.520 --> 00:01:10.680 including infrastructure development. And at Sasol, 21 00:01:10.690 --> 00:01:14.640 we are playing a critical role and ensuring that South Africa is actually poised 22 00:01:14.640 --> 00:01:15.160 to succeed.