US Trade and Development Agency (USTDA) believes it is well positioned to feed projects into the Just Energy Transition Partnership (JETP), which was established between South Africa and several developed countries, including the US, in 2020, and which is expected to progress towards implementation later this year. The JETP includes an initial offer of $8.5-billion – to be provided by France, Germany, the US, the UK and the European Union – to help fund South Africa’s transition from coal to renewables, while protecting workers and communities reliant on the coal value chain.
