Almost a year after the deal was first announced at COP26 in Scotland, the details of the investment plan underpinning the $8.5-billion multilateral climate finance package to accelerate South Africa’s decarbonisation will be announced in Egypt. This is the story of the genesis of that deal and.
President Ramaphosa outlines South Africa s Just Energy Transition Investment Plan thepresidency.gov.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepresidency.gov.za Daily Mail and Mail on Sunday newspapers.
President Cyril Ramaphosa says that South Africa needs R1.5 trillion over the next five years to decarbonise the economy, but far more is needed after that to continue the transition.
Head of the Presidential Climate Finance Task Team, Daniel Mminele, says the accurate, final financial package will be shared with the public in the near future.