South Africa unveiled an initial five-year Just Energy Transition Investment Plan (JET IP) at the UN’s COP27 climate conference in Sharm El-Sheikh, Egypt, with a goal of decarbonising the economy in line with Nationally Determined Contributions by 2030.

The JET IP will focus on three priority areas, including electricity, new energy vehicles and green hydrogen, with an initial funding requirement of R1.5-trillion...

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