SA to update timeline for coal plant closures in bid to secure R48bn
South Africa will provide a new timeline for the shutdown of coal-fired power plants in a bid to secure about $2.6 billion in climate finance, an agency in President Cyril Ramaphosa's office said.
The timetable to be proposed to the Climate Investment Funds in June aims to ensure the country remains on track to obtain funding under the so-called Just Energy Transition Partnership - a $9.3-billion pact with some of the world's richest nations.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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