Climate finance to transform energy infrastructure as part of a just transition in South Africa
reportposted on 07.07.2021, 21:18 by Harald WinklerHarald Winkler, Samantha Keen, Andrew Marquard
Just transition from historically high-emissions and exclusive development to low-emissions, inclusive development. A just transition in South Africa’s electricity sector from coal to cleaner energy is critical for climate change mitigation. And to be just, the transition must leave no-one behind. A just transition transaction would finance two key components, providing 1) Transition finance to phase out coal-fired power plants faster and 2) protecting livelihoods of that communities and workers affected.