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South Africa: World Bank Development Loan to Bring Change to Coal-Dependent South Africa?
allAfrica, 26 October 2023
The World Bank Board has announced in a press release that a U.S.$1 billion Development Policy Loan (DPL) has been offered to support the government's efforts to promote… Read more »
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South Africa: World Bank's U.S.$1 Billion Loan to Help Tackle Power Crisis
World Bank, 25 October 2023
The World Bank Board supports the Government of South Africa's efforts to promote long-term energy security and a low carbon transition with a $1 billion Development Policy Loan… Read more »
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South Africa: More Than 15,000 Excess Deaths Feared If Country Doesn't Shut Coal-Fired Power Plants - Study
Daily Maverick, 25 October 2023
What is the cost of extending the life of our coal plants? A new study finds that delaying the decommissioning of our coal fleet may help with load shedding, but it will cause… Read more »
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South Africa: Call to Reduce Carbon Emissions as Climate Change Bill Debated
SAnews.gov.za, 25 October 2023
Minister of Forestry, Fisheries and Environmental Affairs, Barbara Creecy, has called for nations to move with speed to reduce carbon emissions to limit the severity of climate… Read more »
World Bank Loan to Bring Change to Coal-Dependent South Africa?
The World Bank Board has announced in a press release that a U.S.$1 billion Development Policy Loan (DPL) has been offered to support the government's efforts to promote long-term energy security and a low carbon transition.
The move comes as the nation faces a protracted energy crisis which has had a marked negative impact on productivity and safety. Additionally, plans for a Just Energy Transition Partnership are underway.
Whether meaningful change can come from the World Bank funding will have to be framed against other additional difficulties, one of the most important being the nation's reluctance to transition away from coal use.
InFocus
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allAfrica's Juanita Williams finds out how Joshua Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa, Middle East in the US Department of Energy and his department mean ... Read more »
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Addressing a hybrid Special Sitting on Understanding the contents of South Africa's Just Energy Transition Investment Plan (JET IP), Presidential Climate Commission Commissioner ... Read more »
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South Africa is currently ranked eighth in the world in terms of the total amount of coal used for electricity generation. When it comes to dependency on coal power plants, South ... Read more »
