Denmark, the Netherlands and Spain have joined the group of countries who are partially financing South Africa's Just Energy Transition.
This was announced by Rudi Dicks, head of the Presidency's project management office, at the 11th quarterly meeting of South Africa's Presidential Climate Commission on Friday, 29 September 2023.
Chaired by Minister of Forestry, Fisheries and the Environment Barbara Creecy, the meeting featured updates on various aspects of the country's efforts to combat climate change and prepare for the upcoming United Nations Climate Change Conference in Dubai. Before this, a collective comprising France, the European Union, the United Kingdom and the United States had already pledged $8.5-billion to the initiative through grants and loans.that the EU, Germany, France, the UK and the US partnered to support South Africa's climate action goals by helping finance the move from its heavy reliance on coal to cleaner and renewable energy sources.
The countries, which announced their partnership with South Africa at the COP26 climate negotiations in Glasgow, Scotland, pledged R131-billion over the next three to five years in the form of grants, concessional loans and investment and risk-sharing instruments, including...). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material,, representing a diversity of positions on every topic.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 500 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Business Leaders Join Principals in Plan to Transform South Africa's Ailing Education SystemAnalysis - The Execs Back to School programme goes beyond physical improvements and providing resources to schools, it seeks to instil a mindset of continuous improvement and growth within the education system.
Read more »
Renewable energy platform receives R3.2bn boost on back of energy dealNOA aims to develop, finance and operate a portfolio exceeding 2.5GW of renewable energy assets over time.
Read more »
Africa: Breakthrough Promises Improved Access to TB Treatment Across AfricaAn American drug manufacturer has taken an important step to open the way to improved access to the treatment of multidrug-resistant tuberculosis (MDR-TB) across Africa.
Read more »
Africa’s Medical Brain Drain: The Africa Report.comA report released by the WHO in March identified 55 countries – including 40 African countries – with significant medical staff shortages. One week later, the British government’s National Health Service (NHS) issued a directive, saying it would not recruit doctors, nurses, or other medical staff from those 40 countries. In this six-part series, we look at how and why medical staff around the continent are leaving in droves.
Read more »
Africa: Top Scientists Make $3bn Plea to Rich Nations to Help Conserve Africa's LionsAnalysis - Facing the grim reality of potential extinction, Africa's iconic but underexposed wild lion populations are crying out for help -- and for investors with deep, patient pockets.
Read more »
Africa: Why Is U.S. Funding for HIV/Aids Relief in Africa Under Threat?Analysis - Vital U.S. funding from the U.S to support millions of people in Africa living with HIV/AIDS is under threat after false claims the money was being used to fund abortions
Read more »