Page 11 - DMEA Week 05 2023
P. 11

DMEA                                    ENERGY TRANSITION                                             DMEA


       US urges South Africa to




       maintain transition momentum




        SOUTH AFRICA     SOUTH Africa needs to act fast if it is to keep  stages.”
                         momentum on an energy transition programme   According to Justin Sylvester, a programme
                         backed by the US and other countries, according  officer with the Ford Foundation, donors were
                         to US Treasury Secretary Janet Yellen.  looking for effective monitoring of programmes
                           Yellen said that the US was committed to  and representation of affected communities. The
                         ensuring South Africa’s transition to renewable  foundation was concerned about the impact of
                         energy did not leave its workers behind, Reuters  extensive layoffs in a country with a history of
                         reported. She appealed to philanthropists and  femicide and domestic violence, he told Reuters.
                         the private sector to step up their support after   At the meeting in Emalahleni, Yellen called
                         visiting the coal-mining province of Mpuma-  anti-corruption a “critical” priority for South
                         langa on January 27.                 Africa, adding that US officials had discussed the
                           Yellen was speaking to donor groups backing  issue in great detail with South African officials,
                         the nearly $100bn project aimed at supporting  and were looking to help Pretoria strengthen its
                         South Africa’s gradual phasing out of fossil fuels.  rules and enforcement.
                         The country is the world’s 14th biggest carbon   “It’s really critical to address corruption in
                         dioxide (CO2) emitter, three places ahead of the  order to have an effective government that South
                         UK, an economy seven and a half times the size,  Africans can have confidence in, and it’s a critical
                         according to data from the Global Carbon Atlas.  part of the business environment,” she was cited
                           The meeting at a US-funded facility in Ema-  by Reuters as saying.
                         lahleni local municipality where women are   Yellen appealed to donors to extend support
                         being trained for jobs in renewable energy was  for the JETP programme as “the transition is
                         also attended by local and provincial officials.  already at hand and the needs are urgent”.
                           “We must demonstrate quickly that these   South Africa’s plan includes retraining and
                         coal communities, which are already struggling  reskilling with cash payments to support dis-
                         with unemployment, poverty and the health  placed workers, reported Reuters.
                         impacts of coal mining and emissions, will not   The plan calls for redevelopment of former
                         be left behind in the context of an energy shift   coal mines and power plants as clean energy pro-
                         that benefits other regions,” she was quoted by  duction sites and investment in roads, rail, ports
                         Reuters as saying.                   and digital infrastructure.
                           Yellen was wrapping up a three-country   However, South African President Cyril
                         visit to Africa, with stops in Senegal and Zam-  Ramaphosa’s plan has divided the governing
                         bia, that was aimed at deepening US economic  African National Congress (ANC), said the press
                         ties with the continent and countering China’s  agency.
                         long-standing dominance of trade and lending   Union leaders allied to the party fear exten-
                         with many African countries, said the news  sive job losses in the coal belt, which they doubt
                         agency.                              the renewables business will be able to fill.
                           The Treasury Secretary commended the US,   Yellen affirmed her country’s support for
                         France, Germany, the UK and the EU for back-  the programme, saying the US had earmarked
                         ing South Africa’s Just Energy Transition Plan  $1bn for it and President Joe Biden pledged an
                         (JETP) with a combined $8.5mn to accelerate  additional $45mn in December to demonstrate
                         the shift from coal.                 the US’ “firm” commitment to a just energy
                           Yellen called the funding a “substantial down  transition.
                         payment” designed to mobilise additional   According to the US Ambassador to South
                         money and expressed hope that Washington’s  Africa, Reuben Brigety, the Treasury Secretary
                         focus on a just energy transition would under-  had a “frank” exchange of views with both Rama-
                         pin donor interest in backing the nearly $100bn  phosa and Energy Minister Gwede Mantashe, a
                         project.                             vocal defender of South Africa’s coal mines and
                           “An energy transition that is not just will  power stations, about the partnership.
                         simply not work,” she said. “Equally impor-  The parties agreed on the need to transition
                         tant, however, is the imperative to seize the new  to a low-carbon economy, but raised questions
                         opportunities that the transition will offer, keep-  about how they could get there and on what
                         ing a worker-centred perspective in mind at all  timetable, Brigety said.™











       Week 05   02•Febuary•2023                www. NEWSBASE .com                                             P11
   6   7   8   9   10   11   12   13   14   15   16