Advancing the South Africa Just Energy Transition Partnership: 12-month progress update
This update reports progress on the South Africa Just Energy Transition Partnership since the 6-month update in June 2022.
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At COP26 the governments of South Africa and France, Germany, the UK and the US, and the European Union (the International Partners Group, IPG) announced a new Just Energy Transition Partnership (JETP). In line with the November 2021 Political Declaration, the IPG undertook to mobilise an initial $8.5 billion over the next 3 to 5 years to advance the JETP.
The IPG also undertook to provide a progress update after 6 months and 12 months. This update records progress since the initial 6-month progress update. It is for the leaders of the South Africa JETP, provided by the Presidential Climate Finance Task Team and the IPG.