Deal #9838
South Africa
Created at
2023-02-02
Last update
2024-09-10
Last full update
2024-09-10
Promised benefits for local communities
Promised benefits for local communities
Other
Comment on promised benefits for local communities
A socio-economic and enterprise development program (SEED+) was set up by project developers to promote micro-, small-, and medium-sized enterprise development in four communities near KaXu’s operation by enabling them to take up peripheral economic opportunities and gain sustainability. The SEED+ provides access to education, infrastructure and social protection, as well as funding, business training, and promotion of local businesses
A reduction in coal mining will prevent environmental damage related to this sector, such as land degradation, subsidence, overused and contaminated water sources, and acid mine drainage. Greenhouse gases are mitigated, helping to reduce emissions and thus combat climate change.
Helps in reducing 315,000 tons of carbon emissions annually.
Materialized benefits for local communities
Materialized benefits for local communities
Education, Productive infrastructure (e.g. irrigation, tractors, machinery...)