The National Treasury Unpacks South Africa’s Vision for a Stronger Carbon Market

South Africa is strengthening its commitment to a low-carbon future — and this new consultation paper outlines how. Building on the 2025 Budget and the Phase 2 Carbon Tax Discussion Paper, it explores the next steps in advancing a robust carbon tax offset market that supports both business competitiveness and national climate goals. The report highlights the opportunities and challenges shaping South Africa’s carbon market and provides valuable insights into the evolving policy, regulatory, and financial landscape.

Read the full paper to understand how South Africa is charting the path toward a high-integrity, market-based climate solution.