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T1 Green Economy Policy Review of South Africa's Industrial Policy Framework
A1 United Nations Environment Programme, 
A2 Assmann, Claudia
A2 Fulai, Sheng
A2 Stone, Steven
A2 Montmasson-Clair, Gaylor
A2 Chigumira, Gillian
K1 green economy
K1 fiscal policy
K1 South Africa
K1 poverty mitigation
K1 sustainable development
YR 2020
FD 2020
LK https://wedocs.unep.org/handle/20.500.11822/34421
UL https://wedocs.unep.org/handle/20.500.11822/34421
NO South Africa aims to transition to an inclusive green economy, combining economic development, social progress and environmental preservation. Both the economy and society remain, however, highly unsustainable. Targeting the transition to an inclusive green economy therefore signifies a massive and disruptive shift, commanding a new model of development. Industrial policy is core to this process, notably to ensure a “just transition” and manage a balancing act, consisting of maximising the benefits of the transition and minimising the risks associated with not transitioning; but in line with South Africa’s capabilities to minimise the short-term trade-offs and threats. This requires a careful alignment of South Africa’s industrial policy with the inclusive green economy paradigm to support the country’s green industrial development. Ultimately, this requires the shift from industrial policy to green industrial policy. To inform such a transformation, this report reviews South Africa’s industrial policy, from an inclusive green economy lens. It investigates the extent to which South Africa’s industrial policy is responding to, if not driving, the country’s transition.
DS UN Environment Document Repository
RD Sep 17, 2026