Shifting Finance in South Africa to Support a Just Energy Transition
As countries transition to low-carbon and climate-resilient economies, finance flows will need to shift to support these transitions, in line with the third long-term goal of the Paris Agreement, Article 2.1c. South Africa was the first country to sign a Just Energy Transition Partnership (JETP). In this context, South Africa developed a Just Energy Transition Investment Plan (JET IP) laying out a series of policies and regulations the country would implement to achieve its just energy transition. This paper offers an analysis of these policies and regulations, using existing Article 2.1c approaches.