SA is in talks with additional nations to help it cut reliance on coal, according to Environment Minister Barbara Creecy.
It is however a fraction of the R1.5 trillion the country has estimated it needs for its plan to move away from coal over the next five years.South Africa, having secured $8.5 billion in climate finance from some of the world’s richest countries, is in talks with additional nations to help it cut reliance on coal, Environment Minister Barbara Creecy said.
"We’ve had some bilaterals where there’s been additional interest shown," Creecy said in an interview at the COP27 climate summit in Egypt, referring to talks with other countries. President Cyril Ramaphosa indicated to the partners"that we are now going to make the circle bigger and other countries that would want to contribute to the JET Investment Plan, we are going to include them as well.
_Business Somebody tell the lack of powers that be - ministerial particularly
_Business Said while the country is literally in darkness. Isn't coal the only thing keeping the lights barely on at the moment I think yes...
_Business Ai man. How South Africa has become so pathetic. Cow towing to their masters and cutting our legs off.
_Business And then what must happen to all this 'free' coal God has given us for our survival? We do not have money to explore these new avenues. However, we do have a lifetime supply of coal. Can we not find ways to utilize our coal in a manner that is not harmful but beneficial to us?