PwC urges more collective climate resilience action as emissions increase

As the global decarbonisation decrease rate was only 1.02% in 2023, falling short of the average yearly decrease of 1.43% between 2000 and 2023 and far short of the required rate of 20% to keep global warming within 1.5 ˚C above preindustrial levels by the end of the century, South Africa is also falling behind in its efforts to limit greenhouse-gas (GHG) emissions. Consultancy PwC finds in its latest ‘Net Zero Economy Index’ report for 2024 that GHG emissions have been increasing on the back of energy consumption and industrial activities, including in South Africa.