A transition plan fosters transparency and accountability, establishing a blueprint for how an organisation will achieve its climate goals and ambitions. In addition to clearly communicating it, organisations should embed their transition plans within their operations, management, and strategy, tailoring them to the specific realities and challenges of the Latin American region.

We see countless examples where investment managers need to get a deal approved by an investment committee in less than one week. Climate due diligence is essential, but it shouldn’t be a blocker. It’s important non-sustainability experts have the tools and confidence to check climate credentials and prevent unnecessary delays that may result in financial institutions passing on qualified sustainability investments.

CBAM requires South Africa’s iron, steel and aluminium sectors to innovate and respond to what is, essentially, the world’s first marketplace for low carbon metals. By decarbonising their value chains, South Africa can gain a competitive advantage, drive sustainable economic development and ultimately support the country’s just transition.