Page 66 - IRMSA Risk Report 2023
P. 66
7.8
IMPACT OF
CLIMATE CHANGE &
CLIMATE
ACTION
The risk of an inadequate response to current and future climate change
impacts will remain a risk for the country for at least the next 10 years, with
consequences that will continue to contribute towards and exacerbate most
of the systemic risks already faced in South Africa. Commitments made to
reduce the green house (CO2) numbers by 2050 on the one hand address the
National Development Plan targets specific to health. On the other hand, this
impacts directly on the economy, unemployment and food scarcity (including
the cost of living). These consequences in turn drive increased crime, fraud
and corruption, as well as social bankruptcy and negative foreign investment.
ALEX HETHERINGTON
THIRD LINE GROUP
66 IRMSA RISK REPORT 2023/24
