The conditions attached to green finance, particularly the requirement for Treasury guarantees, are emerging as a central difficulty as SA seeks to secure a just transition transaction with developed countries ahead of the COP26 conference in Glasgow in November.

Climate envoys from the UK, US, Germany and France in September met members of the cabinet as well as Eskom and other stakeholders to discuss a transaction that would provide grant and concessional funding to support the transition to a low-carbon economy...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now