South Africa Earmarks R10 Billion for Climate and Contingency Risks

South Africa’s Medium-Term Budget Policy Statement on 21 October increased the contingency reserve to R10 billion to help address risks including El Niño. Environmental consultancies, agricultural businesses and public agencies can explore opportunities in climate-risk modelling, environmental monitoring and sustainability reporting, while HPC can support environmental data analysis and risk dashboards; the R10 billion is a government reserve, not a single environmental contract.

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