South Africa must act fast and implement the Just Energy Transition plan before competition for funds from other developing countries increases, said forestry, fisheries and environment minister Barbara Creecy.
Environment Minister Barbara Creecy said the country must take the lead in the move to clean energy
Creecy was speaking at the launch of the Just Transition to a Decarbonised Economy in South Africa Project, in Johannesburg, on Tuesday. Last month, during the State of the Nation address, President Cyril Ramaphosa announced that the government had received the first tranche of the $8.5 billion from Germany and France. The funds had been transferred to the treasury.
“Moving to net-zero needs to address the nitty-gritties concerning workers in the province and their lives,” she said.to the JET plan released by the presidency on the eve of COP27, “The ageing fleet of coal power plants — totalling 39GW and averaging a lifespan of 42 years — will be retired over the next three decades, with 22GW due to be decommissioned by 2035.”