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The African Climate Foundation three-part series on financing the Just Energy Transition in South Africa

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One of Eskom's oldest coal fired power stations, Hendrina, is located approximately 40km south of Middelburg at the town of Hendrina in Mpumalanga. At the time it was built in the early 70"s it was the largest power station in the country with a generating capacity of 2000MW. It is now well passed its sell-bye date. South Africa’s coal fired power stations are breaching minimum emissions standards but shutting them down may jeopardise energy supply. Image credit: Eskom
  • In early 2022, Krutham identified a thought leadership gap on how South Africa would finance the just energy transition (JET).
  • At that time, many agreed on “what” JET is, due to the efforts of the ACF and the Presidential Climate Commission.
  • Yet, there was limited understanding of the “when” (aligned to Paris until 2050) and “how” South Africa would undertake this task.

This led to the Africa Climate Foundation commissioning Krutham to develop a three-part series on financing the JET in South Africa. This research has played a critical role in articulating the barriers to achieving a just transition and exploring potential solutions to overcoming such barriers.

With the final report launched last month, the complete series is now available on their website, including a summary and the webinar recording. 

Author: Bryan Groenendaal

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Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

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