SA set to benefit from COP26 deal in 2022

Switching from old coal-fired power plants to smaller, widely distributed wind and solar installations will yield more reliable power supply

07 November 2021 - 00:00 By Thabiso Mochiko

The massive investment committed to help SA transition to clean energy may start flowing into the country in the second half of next year, once funding agreements have been finalised. 

This week the US, UK, Germany, France and the EU agreed at the COP26 UN Climate Change Conference to mobilise R130bn in concessional finance and grants over the next three to five years to assist with SA’s energy transition...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.