Feature
South Africa: Coal phase-out costs $14 billion annually
The coal phase-out in South Africa is seen as a test case of how industrialized countries can help emerging economies with rapid and socially cushioned climate protection. A year ago, the Europeans and the USA promised the African state $8.5 billion for the Just Transition Energy Partnership. So far, costs and details have remained vague. Now South Africa has presented its price tag for the green transition.
By Bernhard Pötter