The Treasury could save billions on the country’s interest bill and create the fiscal space to solve Eskom’s debt problem if it brokers a climate finance deal with international funders in exchange for an accelerated retirement of coal-powered power stations, says a new briefing note by think-tank Meridian Economics.

The savings would be used to finance a just transition fund, which would pay for the social impact of decarbonising...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.