Germany says new funding of R6.2bn will help support South Africa’s just energy transition

Germany has announced that its new funding commitment of R6.2-billion (€355-million) for South Africa includes funding for the country’s “just transition towards climate neutrality”. The announcement of the two-year funding commitment follows government-to-government negotiations, led on South Africa’s side by the National Treasury, on South African-German development cooperation, which took place on October 5 in Pretoria.