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

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 84%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea strikes: South Korea orders truckers in cement industry back to jobsSEOUL, Nov 29 (Reuters) - South Korea's government on Tuesday ordered striking truckers in the cement industry to return to work, an unprecedented step that invokes tough strike-busting laws as construction sites nationwide run out of building materials.
Source: dailymaverick - 🏆 3. / 84 Read more »

GROUNDUP: Allan Gray rejects plea for establishment of fossil fuel-free investment fundThe investment manager argues there are better ways to fight climate change.
Source: dailymaverick - 🏆 3. / 84 Read more »

TRANSITION AMBITION: SA must be world’s green hydrogen investment destination — RamaphosaPresident Cyril Ramaphosa says South Africa aims to become a ‘world leader’ in green hydrogen production, being well placed with a wealth of renewable resources — and the economic and social opportunities that come with developing the sector tie in with our Just Energy Transition goals. The world is talking nuclear energy, China investing in lunar nuclear power, for moon powering and Ramaphosa get excited by mention of hydrogen. Grandiose plans, but everything anoetic ANC touches turns into mustard 🤣😂😆🥹
Source: dailymaverick - 🏆 3. / 84 Read more »

Ramaphosa: Green hydrogen will create jobs, attract investmentPresident Cyril Ramaphosa says South Africa tapping into the rising demand for green hydrogen and green hydrogen-based products will create jobs, attract investment and bring development to rural provinces
Source: ecr9495 - 🏆 38. / 51 Read more »