South Africa has secured over R130-billion to develop cleaner energy sources. The money will come from wealthier nations, over a period of three to five years, and in various forms, including grants. For more, eNCA speaks to Matthew Parks of Cosatu. Courtesy #DStv403
JOHANNESBURG - Trade Union Federation, Cosatu wants the funds secured to facilitate the country’s transition from coal to be directed towards coal worker communities.
South Africa has secured a series of grants and private investments amounting to R131-billion.
The deal with wealthier nations was announced at the climate change conference underway in Scotland.
It will assist Eskom to re-purpose coal-fired power stations, which are due for decommissioning over the next 15 years.