Forestry, Fisheries and the Environment Minister Barbara Creecy said she expects the long-delayed implementation plan for an $8.5-billion climate pact with some of the world’s richest nations to be completed by the COP28 summit that starts on November 30. The so-called Just Energy Transition Partnership, which aims to help coal-dependent South Africa transition to cleaner energy, has been slowed by infighting, with opposition coming from politicians close to the coal lobby and labour unions concerned about job losses. Coal is currently used to generate more than 80% of the country’s power.
said she expects the long-delayed implementation plan for an $8.5-billion climate pact with some of the world’s richest nations to be completed by the COP28 summit that starts on November 30.
While initially announced at the COP26 meeting in Glasgow in 2021, most of the funding can’t flow until the implementation plan, to be formulated by the government, is complete. Dan Jorgensen, Denmark’s environment minister, confirmed in an interview that his country was engaged in talks but declined to elaborate. Similar plans are now being pursued with Indonesia, Vietnam and Senegal.
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