Draft of SA climate funding plan expected by end-July

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Draft of SA climate funding plan expected by end-July
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Investment deal will outline projects and activities required to achieve a just transition

For now, the particulars of the climate finance deal in which the US and countries in Europe will make available $8.5bn towards the funding of energy reform in SA remain a bit of a mystery.

However, the Presidential Climate Finance Task Team said it expects to publish a draft of an investment plan for SA’s transition to a low-carbon economy by the end of July as part of the country’s commitment to the Paris Agreement on climate change...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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