United Nations University Institute for Integrated Management of Material Fluxes and of Resources
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Environmental
- Social
- Governance
- Just Energy Transition
Environmental Achievements
- Reduced deforestation in Colombia due to decreased deforestation (partially attributed to peace agreement)
- KPC (Indonesia) successfully transformed a 270 ha former mine site into a tourist facility and chicken farm, with improved water quality.
Social Achievements
- KPC (Indonesia) provided water for 22,000 people from a rehabilitated mine site.
- Various training programs for workers in Indonesia and South Africa to prepare them for jobs in renewable energy and other sectors.
- South Africa's Just Transition Transaction Fund (JTT) aims to support the transition to a low-carbon economy and address socio-economic impacts.
Governance Achievements
- Mozambique's new Electricity Law (NEL) promotes private sector involvement in renewable energy and includes provisions for a coal phase-out.
- Colombia's Escazú Agreement ratification strengthens environmental defenders' rights.
- South Africa's Presidential Climate Commission (PCC) released a Just Transitional Framework (JTF) to guide the transition.
Climate Goals & Targets
Long-term Goals:
- Colombia: Achieve carbon neutrality by mid-century.
- Indonesia: Achieve net-zero emissions by 2060 or sooner.
- South Africa: Achieve net-zero emissions by 2050.
Medium-term Goals:
- Colombia: Increase NCRE share to 10-20% by 2050.
- Indonesia: Achieve 31% renewable energy share by 2050 and net-zero emissions by 2060 or sooner.
- South Africa: Decommission 24,100MW of ageing CFPPs between 2030 and 2050.
Short-term Goals:
- Colombia: Reduce GHG emissions by 51% by 2030.
- Indonesia: Achieve 23% renewable energy share by 2025.
- Mozambique: Achieve universal electrification by 2030 and 62% renewable energy share by 2030.
- South Africa: Reduce GHG emissions to 398-440 Mton CO2eq by 2030.
Environmental Challenges
- Global coal scarcity due to the war in Ukraine hindering transitions.
- Regulatory gaps in mine closure and environmental liabilities in Colombia.
- Lack of funding for Indonesia's energy transition.
- Lack of transparency and coordination in Mozambique's extractives sector.
- High debt and financial instability of Eskom (South Africa).
- Acid mine drainage (AMD) in all four countries.
- Lack of sufficient data on environmental impacts in Mozambique.
- Ineffective enforcement of environmental regulations in South Africa.
Mitigation Strategies
- Colombia's new government plan emphasizes a Just Energy Transition and coal phase-out.
- Indonesia's Domestic Market Obligation (DMO) and coal downstream schemes aim to optimize domestic coal use.
- Mozambique's new Electricity Law promotes renewable energy and includes provisions for a decommissioning fund.
- South Africa's Just Transition Transaction Fund (JTT) and Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) aim to accelerate the transition.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Floods
- Droughts
Transition Risks
- Regulatory changes
- Market shifts
- Job losses
Opportunities
- Renewable energy development
- Green jobs
- Economic diversification