By Courtney Morgan, Leanne Govindsamy and Boitumelo Masipa
In December, a year after the $8.5 billion Just Energy Transition was first announced, South Africa’s Just Energy Transition Investment Plan (JET-IP) was approved by cabinet and then published for public comment. The Fair Finance Coalition Southern Africa, together with the Life After Coal Alliance, submitted comments, which follow below. We hope these will help guide and re-prioritise our Investment Plan as per the principles outlined in our Just Transition Framework.
The plan outlines a much larger financial package for our Just Energy Transition, estimating that $98.7 billion would be needed over the next three to five years. The investment plan is meant to provide a roadmap for decarbonising South Africa’s economy to ensure a truly just transition that works for people and planet.