SA scores R131 billion in major boost to move from coal
The partnership, which was announced by President Cyril Ramaphosa on Tuesday, will see the partner countries support South Africa’s just transition to a low-carbon economy and a climate crisis-resistant society.
A just transition is just one of the many issues being discussed in a united global bid to suffocate the climate crisis.A just transition includes, among other things, the phasing out of coal-fired power stations without leaving jobless the workers who have been making their livelihoods out of the polluting industry.Partner countries will mobilise an initial $8.
UK prime minister Boris Johnson said in a speech at COP26 on Monday: “As we look at the green industrial revolution that is now needed around the world, we in the developed world must recognise the special responsibility we have to help everybody else do it. The task now is to work together to help our friends decarbonise using our funds”.“This game-changing partnership will set a precedent for how countries can work together to accelerate the transition to clean, green energy and technology.
It will benefit from the long-standing cooperation between France and South Africa through the work of the [French Development Agency]. And we hope it will set the standard for other such partnerships in the future. France stands ready.
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