South Africa Green Economy Accord (New Growth Path - Accord 4).

This Green Economy Accord is a nationwide multisectoral document aiming to create jobs, promote industrialization, and ensure a sustainable future for South Africa through the promotion of a green economy in the country. This involves the encouragement of measures in the following (i) Solar Water Heaters by commitment to install one million solar water heaters to increase access to hot water and create jobs; (ii) Investment in Green Economy by allocating resources for green projects, with additional funds for manufacturing green products; (iii) Renewable Energy through investments in the sector and promotion of local manufacturing of components; (iv) Waste Recycling and Energy Efficiency, encouraging initiatives to improve energy efficiency, promote waste recycling, and reduce carbon emissions. The Green Economy Accord involves several key parties (i) the Government, through its Ministers from various departments, including Energy, Water and Environmental Affairs, Economic Development, Agriculture, Transport, Higher Education, Trade and Industry, Public Enterprises, and Public Works; (ii) work organizations; (iii) businesses and their representations; (iv) Community Constituents, including organizations of women, civic structures, youth, people with disabilities, cooperatives, and the financial sector campaign.
The Accord sets out a comprehensive Plan aimed at promoting sustainable development and reducing carbon emissions through various commitments. It starts with the introduction of solar water heaters, targeting a rollout of one million units, while enhancing local production, securing insurance support, and establishing technical standards. Investments in the green economy are emphasized, along with the expansion of renewable energy sources, promotion of biofuels, and clean-coal initiatives. The Plan also focuses on energy efficiency, waste recycling, and retrofitting buildings to improve sustainability. Additionally, it addresses the need for reducing road carbon emissions through better transportation systems, electrifying poor communities, and promoting economic development through localization, youth employment, cooperatives, and skills development. Finally, the Accord emphasizes international cooperation, particularly around the United Nations COP 17 and its subsequent actions.