Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Though endowed with natural resources, South Africa's upstream investment continues to deteriorate. This is partly due to the depleting reserves and the country's policy perception, which ranks South Africa as a high-risk upstream investment destination. This study focused on the country's policy pe...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
Department of Private Law
2024
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613144901222400 |
|---|---|
| access_status_str | Open Access |
| author | Msezane, Nondumiso Nokukhanya |
| author2 | Mostert, Hanri |
| author_browse | Mostert, Hanri Msezane, Nondumiso Nokukhanya |
| author_facet | Mostert, Hanri Msezane, Nondumiso Nokukhanya |
| author_sort | Msezane, Nondumiso Nokukhanya |
| collection | Thesis |
| description | Though endowed with natural resources, South Africa's upstream investment continues to deteriorate. This is partly due to the depleting reserves and the country's policy perception, which ranks South Africa as a high-risk upstream investment destination. This study focused on the country's policy perception zooming in on the environmental governance of the extractives sector. Environmental governance in South Africa was fragmented. The fragmentation occurred in policies, institutions and, ultimately, governance. The consequences of this fragmentation were regulatory duplication and inconsistencies between the regulatory institutions, which manifested in delays and uncertainty, negatively impacting South Africa's competitiveness in investment. The industry's One Environmental System (OES) was effected to eradicate this fragmentation. However, this study demonstrates through case studies that the OES implementation was haphazard, creating uncertainty, amplifying the lack of cooperative governance and introducing compromised environmental management compliance through the competent authority for the industry environmental authorisations. This study finds that policy design, implementation strategies, and environmental regulatory coordination are vital to a country's competitiveness. It argues that these elements will promote competitiveness and stimulate innovation to develop new pollution-saving technologies that offset compliance costs and improve environmental and economic performance leading to sustainable development. The study concludes with the solutions to South Africa's OES system by referring to the Organisation for Economic Co-operation and Development's (OECD) integrated environmental permitting guidelines. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/39708 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:31:28.055Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Department of Private Law |
| publisherStr | Department of Private Law |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/39708 The outlook on the extractives upstream investment in South Africa: the environmental governance issue Msezane, Nondumiso Nokukhanya Mostert, Hanri Kengni Bernard Cramer, Richard Henry Law of Mineral and Petroleum Extraction and Use Though endowed with natural resources, South Africa's upstream investment continues to deteriorate. This is partly due to the depleting reserves and the country's policy perception, which ranks South Africa as a high-risk upstream investment destination. This study focused on the country's policy perception zooming in on the environmental governance of the extractives sector. Environmental governance in South Africa was fragmented. The fragmentation occurred in policies, institutions and, ultimately, governance. The consequences of this fragmentation were regulatory duplication and inconsistencies between the regulatory institutions, which manifested in delays and uncertainty, negatively impacting South Africa's competitiveness in investment. The industry's One Environmental System (OES) was effected to eradicate this fragmentation. However, this study demonstrates through case studies that the OES implementation was haphazard, creating uncertainty, amplifying the lack of cooperative governance and introducing compromised environmental management compliance through the competent authority for the industry environmental authorisations. This study finds that policy design, implementation strategies, and environmental regulatory coordination are vital to a country's competitiveness. It argues that these elements will promote competitiveness and stimulate innovation to develop new pollution-saving technologies that offset compliance costs and improve environmental and economic performance leading to sustainable development. The study concludes with the solutions to South Africa's OES system by referring to the Organisation for Economic Co-operation and Development's (OECD) integrated environmental permitting guidelines. 2024-05-27T08:42:36Z 2024-05-27T08:42:36Z 2023 2024-05-22T08:40:47Z Thesis / Dissertation Masters MPhil http://hdl.handle.net/11427/39708 eng application/pdf Department of Private Law Faculty of Law |
| spellingShingle | Law of Mineral and Petroleum Extraction and Use Msezane, Nondumiso Nokukhanya The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| thesis_degree_str | Master's |
| title | The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| title_full | The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| title_fullStr | The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| title_full_unstemmed | The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| title_short | The outlook on the extractives upstream investment in South Africa: the environmental governance issue |
| title_sort | outlook on the extractives upstream investment in south africa the environmental governance issue |
| topic | Law of Mineral and Petroleum Extraction and Use |
| url | http://hdl.handle.net/11427/39708 |
| work_keys_str_mv | AT msezanenondumisonokukhanya theoutlookontheextractivesupstreaminvestmentinsouthafricatheenvironmentalgovernanceissue AT msezanenondumisonokukhanya outlookontheextractivesupstreaminvestmentinsouthafricatheenvironmentalgovernanceissue |