Denmark sees potential to expand renewables in SA, join JETP | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Denmark seeks to support South Africa's shift to renewable energy and is in talks to join the Just Energy Transition Partnership with other developed nations. | LameezOmarjee

Negotiations are under way for Denmark to join the just energy transition partnership.Prime ministers of Denmark and Netherlands were in SA this week to strengthen partnerships in energy.Denmark seeks to support South Africa's shift to renewable energy and is in talks to join the Just Energy Transition Partnership with other developed nations.

Denmark also wants to play a role in reducing emissions globally."It is only logical for Denmark to join the JETP," Skårhøj said. This means helping South Africa reduce its reliance on coal in a"just" manner. Officials from Denmark and South Africa signed an amended agreement on the existing energy partnership programme, founded in 2017. The programme sees Denmark support South Africa's ambitions to reduce greenhouse gas emissions through the deployment of more renewables.

He explained that through the CIP's New Markets Fund, a pool of capital backed by pension funds and insurance companies, investments are made in middle-income countries like South Africa. CIP specifically invests in the early stage development of renewable energy projects.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Netherlands to back just transition at Eskom's Grootvlei | BusinessThe Netherlands intends to back just transition initiatives at Eskom's Grootvlei power station, as it approaches the end of its design life. | News24_Business
La source: News24 - 🏆 4. / 80 Lire la suite »