JET pledges rise to $11.9bn as South Africa moves to finalise implementation plan

The South African government has received additional pledges, worth nearly $3.5-billion, in support of its Just Energy Transition Investment Plan (JET IP), increasing the overall envelope of concessional debt and grant funding to R11.9-billion. The Presidency’s Rudi Dicks told the Presidential Climate Commission (PCC) that Denmark and the Netherlands had combined their pledges with those of the International Partners Group (IPG) of France, Germany, the UK, the US and the European Union, which committed $8.5-billion to the JET IP in 2021.