Yellen praises South Africa for commitment to Just Energy Plan

JOHANNESBURG - The United States Treasury secretary Janet Yellen has lauded South Africa's commitment to a Just Energy Transition plan.

She said that the country will benefit from a low-carbon and climate-resilient economy in the long term.She also committed to working with South Africa to deal with fiscal challenges that the rest of the continent faces.They have recently pledged $8.5 billion dollars in loans to help the country kick start its R1.5 trillion Just Energy Transition Investment plan.

US Secretary for Treasury Janet Yellen said South Africa is on the right track to expanding electricity access and reliability. "The [Just Energy Plan] partnership will also invest in jobs of growing industries so that the transition is just and does not leave anyone behind," she said. South African officials have declared that the country does not have the funds for the transition plan.

Source: Energy Industry News (energyindustrynews.net)

Pleasing his counterpart at our expense

Just Energy Plan = Why we have load Shedding.. Prove me wrong

commitment is one thing = implementation with honesty and the right skilled people is another. We have seen and heard big talk already for at least 28 years. anc misfits are thickly spread and useless cadres all make gross mistakes and steal

Does she know we are sitting in the dark?

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