Fossil fuel projects will not secure any part of $8.5bn just transition funding

Climate envoys from those developed countries that have entered into a Just Energy Transition Partnership (JETP) with South Africa have confirmed that their governments will not fund fossil-fuel projects, even if such projects form part of the broader investment plan currently being compiled by South Africa. Speaking following the latest round of JETP discussions, UK climate envoy John Murton said the investment plan, or JETP-IP, would be larger than what could feasibly be supported and catalysed using the initial $8.5-billion being offered by France, Germany, the UK, the US, and the European Union (EU) over the coming three to five years. In addition, it could include non-renewables generation technologies.