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Why climate action needs climate finance – Nov 2022
The Just Energy Transition Partnership (JETP) was one of the major announcements that emerged from COP26. This is a partnership between France, Germany, United Kingdom, United States and the European Union with South Africa. It is a multi-billion dollar venture that aims to facilitate a just energy transition. Overall it forms part of the broader…
Maya Hayakawa’s Post – Nov 2022
As countries prepare to attend next month’s Cop27 climate summit in Egypt, South Africa’s cabinet has approved an investment plan for an $8.5 billion package to accelerate the country’s transition away from coal and towards clean energy. However, financial commitments prior are yet to materialise. Will it be any different this time? Thats the question…
There is hope’ for SA’s Just Energy Transition despite concerns about funding gap
There are fears that JET-IP’s proposed funding falls far short of what is needed to support workers and communities affected by the transition away from coal. South Africa’s daring plan to quit coal while sparking growth and keeping the lights on starred again in the State of the Nation Address (Sona) and the recent budget…
South Africa pitches $84bn plan to shift from coal to clean energy – Nov 2022
President Cyril Ramaphosa set out a 200-page investment plan ahead of Cop27 climate talks, urging partners to finance his vision.
