In this article, South African offgrid electric vehicle (EV) charging infrastructure developer Zero Carbon Charge co-founder and chairperson Joubert Roux writes about the renewed use of oil as a geopolitical weapon under US President Donald Trump and what this means for South Africa as a fuel-import-dependent economy.
The UK and the African Development Bank extended a climate-linked $1-billion debt guarantee to South Africa, saving a $400-million municipal funding deal that was in jeopardy if it had expired. The guarantee, part of a $10-billion climate-finance pact between South Africa and some of the world’s richest nations, was due to expire at the end of last year. The pact is known as the Just Energy Transition Partnership.
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