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Just Transition Framework means South Africa can ‘proceed apace’ with $8.5bn partnership – Ramaphosa

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PRESIDENT Cyril Ramaphosa says the publication of the Just Transition Framework will enable South Africa to “proceed apace with harnessing the benefits” of the Just Energy Transition Partnership concluded with the US, the UK, Germany, France and the European Union in late 2021.

The partnership includes an offer of $8.5-billion in concessional climate finance to accelerate South Africa’s transition from coal to renewables and support workers and communities currently reliant on the coal value chain.

Work is currently under way to finalise a Just Energy Transition Partnership Investment Plan, a first draft of which is expected this month, with the final plan anticipated ahead of the COP27 climate talks in Egypt in November.

Speaking at the acceptance of the framework, which has been published by the Presidential Climate Commission (PCC), which Ramaphosa chairs, the President said the document should serve as a call to action to embrace the opportunities presented

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