Of the money allocated for electricity infrastructure in South Africa’s Just Energy Transition, almost none is allocated to actually building electricity infrastructure, whether that be new renewable generation capacity or expanded grid infrastructure, the writers say.
This is an important step in a set of just transition financing processes that have been shrouded in secrecy . However, others have already raised concerns about how this money has been spent, and what this means for the just transition as a whole in South Africa. As stated by: “What’s staggering is that there has been no transparency around recipient and project selection. This raises the question whether only entities with the right connections have been able to access funding.
There seems to be a completely parallel and independent process where the money is actually allocated and disbursed. Most startlingly, there is no money provided for care for workers in affected value chains, nor social protection more broadly.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ITWeb - 🏆 45. / 51 Read more »
Source: ITOnlineSA - 🏆 16. / 63 Read more »