The South African economy is faced with a number of challenges as an upper-middle income country that is highly resource-intensive, with an open economy. It has a number of developmental goals that must be achieved in order to maintain environmentally conscious sustainable development. The country will have to find pioneering ways to address the poverty problems faced by a large proportion of its people, while still ensuring economic growth at a reduced cost to the environment. In an effort to promote the shift to a “green” economy, the South African state and its related entities have developed a number of incentive programmes aimed at easing the transition. These incentives primarily support businesses in their efforts to become more energy-efficient, or to convert to renewable energy sources. The objective of this study is to critically evaluate what the South African government is doing with regard to environmental instruments aimed at assisting the country to reduce carbon emissions. This case study follows a quantitative approach, considering the financial effects that the different environmental instruments could have on South African manufacturers. Through the study the researcher will be able to make certain recommendations to businesses in the manufacturing industry who are interested in investing in renewable energy and energy efficiency. The results of the study will also give the researcher insight into the South African environmental incentives, which will allow him to make informed comments on the proposals that government has tabled regarding future environmental taxes and incentives. The research questions that the researcher tried to answer were based on the current and future policy measures that the South African government has implemented, or will implement, in order to move the country to a low-emissions trajectory. These policies were then also compared to international measures in order to determine if the policies chosen by the South African government are appropriate for the this country’s economy. This study has led the researcher to discover a number of issues relating to the status of environmental policy in South Africa. These discoveries have allowed him to make certain recommendations to businesses investing in this realm, as well as to government which develops these policy measures. The main findings of the study are that with the assistance of the South African government and related entities, investments in renewable energy have become viable. When considering the current status of South African environmental policy, the researcher has also come to realise that the country is lagging behind the rest of the world with regard to policy development. The South African economy is unique, thus policies have to be structured in a way that will not be detrimental to the country.

Submitted in fulfillment of the requirements of the Degree of Master of Accounting: Taxation, Durban University of Technology, Durban, South Africa, 2017. / The study was to explore the awareness of owners of small medium enterprises with regards to green tax incentives; to identify their attitudes towards such green tax incentives and the possible impact it will have on small medium manufacturing enterprises going green.This study used a quantitative research design, specifically a descriptive survey approach. A census sample was drawn through a list provided by the Durban Chamber of Commerce. A survey questionnaire was the primary data collection tool used. At total of 152 questionnaires were distributed and a 104 were received yielding a response rate of 68 %. The data showed that small medium enterprises were concerned about the environment, and acknowledged that their business activities have a negative impact on the environment. The study also established that small medium enterprise owners are concerned with the impact that climate change will have on their business operations. A majority of the sample considered green taxation to be an important driver that would allow businesses to become eco-friendly. Owners were found to support the utilization of green taxation incentives and were considering using green taxation as part of future business decision making, thus ensuring that meet corporate social responsibility. It was concluded that there was a need for the government to put more focus into creating awareness of global warming and climate change. There was also a need to find more innovative ways of promoting eco-consciousness and green sustainable practices and the need to draft and identify new green taxation legislature that caters for public and small medium enterprises. / M

The study focussed on the research question namely: “How will the introduction of new ecological taxes impact the South African agricultural sector?” To answer the question, eight international eco-taxes were selected and further investigated. The nature and history of each eco-tax was examined. The effects or expected effects (where implementation have not yet taken place) of the eco-taxes on the agricultural sectors of the foreign countries, were then considered. The study continued by considering the possible impact on South African agriculture, should these taxes be implemented in South Africa. This was accomplished by extrapolating the foreign effects previously investigated. Mindful of findings, recommendations were then made of what eco-taxes could be implemented which will not impede South African agriculture. It was concluded that the British Climate Change Levy and Climate Change Agreement scheme, Australian Carbon Farming Initiative and Swedish meat consumption tax could be considered for implementation. / Financial Accounting / M. Phil (Accounting Science)