Between 2013 and 2023, South Africa's carbon dioxide emissions have shown significant fluctuations, with the highest value at 473.9 million metric tons in 2016 and the lowest at 434.1 in 2020. As of 2023, emissions stood at 446.59 million metric tons, reflecting a minor year-on-year increase of 0.73% from 2022. The compound annual growth rate (CAGR) over the past five years was -0.21%, indicating a slight overall decline.
The years 2024 to 2028 show a forecasted increase, reaching 461.98 million metric tons by 2028. This implies a forecasted 5-year CAGR of 0.54%, suggesting a modest recovery and gradual rise in emission levels.
Future trends to watch for:
- Developments in renewable energy adoption and its impact on emissions.
- Government policies and regulations aimed at reducing carbon footprints.
- Economic activities driving industrial emissions.
- Technological advancements in carbon capture and storage (CCS).