Tabling South Africa’s investment plan at COP27 in Egypt last week, President Cyril Ramaphosa announced that the country would need $98bn over five years to begin its 20-year energy transition.

Following this, the International Partners Group (IPG) — France, Germany, the UK, US and EU — released a statement in which they said they “jointly welcome and endorse” South Africa’s just energy transition investment plan. ..

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