Eskom CEO André de Ruyter has welcomed the $8.5bn commitment from developed nations to fund a just energy transition for SA, but says that it is a fraction of what Eskom will need to meet globally acceptable emissions-reduction targets.

The announcement was made on Tuesday at COP26 in Glasgow, where world leaders have gathered to discuss commitments to greenhouse-gas emissions reduction as well as how climate mitigation and adaptation will be funded in the developing world...

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