World Bank backs SA’s green transition plans
‘Unjust’ closure of Komati Power Station has drawn the ire of environment minister Barbara Creecy
A senior World Bank executive says the decommissioning of coal-fired power stations by South Africa was justified in speeding up the just energy transition, despite opposition from some quarters.
Victoria Kwakwa, World Bank regional vice-president for Eastern and Southern Africa, said resistance to the transition to cleaner energy was playing out around the world and wasn’t just a South African phenomenon. However, a strong case has to be made to convince all stakeholders of the correctness of this path, she added...