PARTNERSHIP INVESTMENT PLAN OP-ED: We must achieve financial scale for South Africa’s just energy transition to succeed

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South Africa’s just energy transition requires substantial quantities of new finance, continually and over a long period. It could take up to 30 years to transition the country with estimates on the investment needed ranging from R4-trillion to R8.5-tri...

by Saliem Fakir and Peter Attard Montalto, Daily MaverickWe must achieve financial scale for South Africa’s just energy transition to succeed by Saliem Fakir and Peter Attard Montalto, Daily Maverick November 30, 2022 Climate is front of mind following the conclusion of the COP27 conference in Sharm el-Sheikh last week. The launch of South Africa’s Just Energy Transition Partnership Investment Plan ahead of the summit, which details how South Africa will mobilise $8.

This article first appeared on Daily Maverick and is republished here under a Creative Commons license.

 

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SA does not have that kind of money, we have loans taken by cyril, to service and coal that could last for 400 years, according to the reports, why move to such an expensivs exercise while we dnt hv money?

Where do you think the money is coming from,or are we about to see the full power of Modern Monetary Theory.

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