South Africa to Develop $500 Million Green Investment Plan

  • Initial amount can leverage additional blended finance: Creecy
  • Environment minister doesn’t ‘expect checkbooks’ at COP26

A coal delivery truck drives towards the Eskom Holdings SOC Ltd. Kendal coal-fired power station in Mpumalanga, South Africa. 

Photographer: Waldo Swiegers/Bloomberg
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South Africa will develop a green investment plan of as much as $500 million, representing a fraction of what’s needed, to fund its energy transition away from coal.