REAL ECONOMY: JUST ENERGY TRANSITION
There is growing impatience over the slow pace at which the South African government is moving to harness the $11.6-billion in concessional loans and grants pledged by several developed countries in support of the Just Energy Transition Investment Plan (JET-IP). There is particular unhappiness that the relatively scarce, some say parsimonious, grant component has been directed, initially anyway, towards consultants rather than those communities and workers who are vulnerable to the negative effects of moving progressively away from coal.
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