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South Africa to prioritise Just Energy Transition Investment Plan

The Presidential Climate Commission will today, 4 November 2022, host a virtual special sitting where President Cyril Ramaphosa is expected to set out government’s priority investment and financing interventions under the Just Energy Transition Investment Plan (JETP).

This is according to the Presidency of the Republic of South Africa.

According to a statement by the presidency, “South Africa has entered into a Just Energy Transition Partnership with Germany, France, the United Kingdom, the United States, and the European Union to support South Africa’s phasing-out of coal and reduce potentially negative consequences for workers, communities, and the economy.”

The cabinet and the Inter-Ministerial Committee on the Just Energy Transition Partnership recently agreed that there may now be broader consultation on the investment plan.

“Today’s engagement forms part of South Africa’s preparation for the 2022 United Nations Climate Change Conference, more commonly referred to as Conference of the Parties of the UNFCCC, or COP27, which will take place in Sharm El Sheikh from 6 November,” according to the Presidency.

President Ramaphosa will travel to the summit next week as leader of the South African Government delegation.

The session will take place on a virtual platform from 16h00 to 17h30. Follow http://facebook.com/GovernmentZA for more.

Compiled by Gypseenia Lion

[email protected]

 

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