Eco Minute 13:30

BULLETIN 10 September 1:30 pm

Good afternoon, here is your Eco Minute:

# Industry experts say brokers play a vital role in helping South Africans navigate climate-related risks. Speaking at Momentum Insure’s webinar ‘Insuring Tomorrow, A Climate-Ready South Africa’, panelists highlighted the need for practical guidance, risk transfer, and education. They warned climate change is testing traditional insurance models, urging adaptation, innovation, and stronger public-private partnerships. Experts say with extreme weather events increasing, brokers’- client relationships can drive awareness and resilience, ensuring households and businesses are better prepared for future climate shocks.

# AfriForum is urging the Auditor-General and the Special Investigation Unit to expand their investigation into several water boards to include all seven of the country’s water boards. This follows recent revelations that senior members of water boards pocket millions of rand in board fees, in some cases as much as 100-thousand-rand per meeting. AfriForum’s Lambert de Klerk says the gross misuse of public funds is an insult to every community that is without clean drinking water:

# And finally: As countries are preparing to update their national climate pledges, experts are urging them to include concrete targets to end deforestation and restore forests. According to the United Nations Environment Programme, every year, humanity clears ten-million hectares of forests, an area equivalent to the size of Portugal. Tropical areas alone release more than 5.6-billion tonnes of planet-warming greenhouse gases every year. UNEP says not only do forests support rich biodiversity and provide for human societies and economies, but they also play a vital role in stabilising the climate.

Stay tuned for more news………….