Climate finance can empower South Africa to build a greener, healthier future where it costs less to keep the lights on.
South Africa’s cabinet has approved the $8.5 billion (R155 billion) plan to help the country transition away from fossil fuels.
Renewable energy funds are a vital tool for South Africa’s green energy transition. They can pay for everything from infrastructure upgrades to mine rehabilitation.
Energy is essential for the functioning of any modern economy. South Africa’s Central Energy Fund (CEF) does the vital job of maintaining that energy supply.
COP26 saw South Africa make a public commitment to greening its economy. But, can non-renewable resources be part of this transition?
Since 2006, the amount of gas in the atmosphere has increased, according to NASA. The oil and gas industry has caused the majority of methane gas emissions since 2006, NASA says.