Just energy transition will need R1.7 trillion

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President Cyril Ramaphosa

The Just Energy Transition Investment Plan for the five years 2023 to 2027 will need $98 billion (R1.7 trillion), if South Africa is to achieve its decarbonisation commitments by 2050, president Cyril Ramaphosa said. 

Ramaphosa was speaking at the Climate Resilience Symposium in Pretoria on Monday where he said the plan would drive huge investments in the electricity grid, electric vehicles, economic diversification and skills development. 

The Just Energy…



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