{"id":229312,"date":"2022-06-21T00:56:15","date_gmt":"2022-06-20T22:56:15","guid":{"rendered":"https:\/\/mypr.co.za\/?p=117299"},"modified":"2022-06-21T00:56:15","modified_gmt":"2022-06-20T22:56:15","slug":"green-shoots-of-hope-for-south-africas-beleaguered-youth","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/green-shoots-of-hope-for-south-africas-beleaguered-youth\/","title":{"rendered":"Green shoots of hope for South Africa\u2019s beleaguered youth"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/06\/green-shoots-of-hope-for-south-africas-beleaguered-youth.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/06\/green-shoots-of-hope-for-south-africas-beleaguered-youth.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p><a href=\"https:\/\/mypr.co.za\/?attachment_id=117300\"><img loading=\"lazy\" decoding=\"async\" alt width=\"300\" height=\"300\" class=\"alignleft wp-image-117300 size-thumbnail lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/06\/green-shoots-of-hope-for-south-africas-beleaguered-youth.jpg\"><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-117300 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/06\/green-shoots-of-hope-for-south-africas-beleaguered-youth.jpg\" alt width=\"300\" height=\"300\">June is both Youth Month and Environment Month, something that\u2019s highly significant when we think of solutions to our massive youth unemployment crisis, says Poovi Pillay, Executive Head of Nedbank Foundation.<\/p>\n<p>\u2018With unemployment sitting at 63,9% for the 15 to 24 age group, and our economy stalled, it\u2019s easy to become despondent. But that\u2019s just not good enough \u2013 Nedbank is firmly of the belief that by concerted, well-directed action, we can make a real difference,\u2019 he says. \u2018The green economy is taking off and with it plenty of opportunities for youthful entrepreneurs.\u2019<\/p>\n<p>Already, the green economy is beginning to outstrip the fossil-fuel economy. FTSE Russell, an important provider of stock market data, estimates the green economy accounts for 6% of the global stock market, and thus millions of jobs.<\/p>\n<p>\u2018It\u2019s clear that the green economy will create huge numbers of new jobs, and our young people have to be prepared to take advantage of this great opportunity,\u2019 Pillay argues. \u2018For that reason, Nedbank has identified the green economy as its anchor corporate social investment initiative. We are looking beyond funding to creating a web of partnerships to prepare society \u2013 and youth in particular \u2013 to take part.\u2019<\/p>\n<p>Nedbank\u2019s green strategy rests on four pillars: agriculture, water, energy and waste. A key principle of this strategy is to develop an integrated approach by building a circular economy from the ground up, with a particular focus on rural and semi-urban communities where poverty and unemployment are catastrophically high.<\/p>\n<p>Agriculture is a key focus for Nedbank because it is already one of the few sectors creating jobs in South Africa, having shown a 3% growth in employment in the third quarter of 2021. Other sectors with potential include energy and waste. McKinsey estimates that the cost of getting to net zero by 2050 will require an extra $3,5 trillion a year, while the Global Wind Energy Council estimates that just the shift to clean energy could deliver 250 000 jobs to the South African economy, while the waste sector could create an additional 45 000 jobs and 82 000 indirect jobs.<\/p>\n<p>Because entrepreneurship is key to realising the opportunities inherent in the green economy, the Nedbank agricultural projects are focused specifically to encourage entrepreneurship under the youth. Through the GetOn Foundation Trust, Nedbank is funding 30 potential entrepreneurs to acquire a range of skills they\u2019ll need to start their own businesses. Two other projects focus on opening up South Africa\u2019s iconic wine industry to young entrepreneurs. Nedbank is assisting The Pinotage Youth<\/p>\n<p>Development Academy and Cape Winemakers\u2019 Guild to build a pipeline of appropriately skilled young people to take their place in this fast-moving, export-driven industry with its significant job-creation potential.<\/p>\n<p>Waste management is critical in creating a circular economy, and Nedbank is supporting Mbombela-based Real Shift. This innovative, energetic non-profit company partners with municipalities to separate waste for recycling; and they have already created 11 sustainable jobs \u2013 a practical example of the way in which waste can be an engine of growth and individual empowerment.<\/p>\n<p>\u2018South Africa\u2019s youth face strong headwinds, but there is significant opportunity too for those who have the drive and skills to take advantage of it,\u2019 Pillay says. \u2018Nedbank is committed to playing a transformative role by creating a platform for our young people to seize the opportunities the green economy offers, and so turn the country around,\u2019 he concludes<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views:<\/span> <span class=\"post-views-count\">107<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/green-shoots-of-hope-for-south-africas-beleaguered-youth\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. June is both Youth Month and Environment Month, something that\u2019s highly significant when we think of solutions to our massive youth unemployment crisis, says Poovi Pillay, Executive Head of Nedbank Foundation. \u2018With unemployment sitting at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":229313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021,1],"tags":[3257],"class_list":{"0":"post-229312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"category-south-africa","9":"tag-mypr","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/06\/green-shoots-of-hope-for-south-africas-beleaguered-youth.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/229312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=229312"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/229312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/229313"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=229312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=229312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=229312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}