Just Energy Transitions and Partnerships In Africa: A South African Case Study
The report provides an in-depth review of South Africa’s Just Transition Transaction (JTT). The JTT is a large-scale climate finance transaction that was developed by Meridian Economics to unlock and support South Africa’s just energy transition. The report outlines the lessons learned through the conceptualisation and socialising of the JTT about the process of advocating a large-scale climate finance initiative, from the perspective of what these lessons may mean for the task of developing implementable and effective JETPs in other jurisdictions.
Key Findings/Recommendations:
The report emphasises the importance of context specificity as it relates to the design of Just Energy Transition Partnerships (JETPs) for African country’s energy transition. Additionally, the report highlights the importance of supporting the vulnerable in an energy transition. Furthermore, JETPs that are to be truly effective, efficient, and catalytic of socio-technical system transition in developing countries will require designs and concessional values that go beyond the status quo of climate finance.
Read online: