oa South African Journal of Science - The emergence of green bonds as an integral component of climate finance in South Africa - comentary

Volume 116 Number 1-2
  • ISSN : 0038-2353
  • E-ISSN: 1996-7489



One of the greatest challenges facing the global community is climate change. Over many years, global leaders have embarked on various platforms in a concerted effort to combat climate change. One of the key platforms has been the annual Conference of the Parties (COP) – a regular meeting in which climate negotiations and high-level political discussions have taken place. In 2015, the 21st COP was the most important because 195 countries agreed to ensure that rising global temperatures do not exceed the safe zone of 1.5 °C, as it is forecasted that temperatures will continue beyond this value between 2030 and 2050 if no action is taken to combat climate change. The parties further agreed that climate investments for countries are critical to make enormous transformational changes to reduce their greenhouse gases by scaling up climate adaptation and mitigation strategies.

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