The Just Energy Transition Projects Management Unit (JET PMU) in the Presidency manages the JET Implementation Plan, which was approved by Cabinet in November 2023.
The Just Energy Transition Partnership between South Africa and the International Partners Group (IPG) was concluded with the signing of the Political Declaration at COP26 held in Glasgow in 2021. The original members of the IPG are the European Union, France, Germany, United Kingdom and United States. In 2023, Denmark and Netherlands joined the IPG.
Total international pledges to South Africa’s JET investment requirement of R1.5 trillion currently stand at US$11.6 billion (approximately R232 billion), made up as follows:
Concessional loans under the JET Partnership which have been negotiated and accessed by the National Treasury to date are as follows:
A just transition is critical to South Africa’s decarbonisation journey. Government has consulted widely, including with affected labour unions, on the core provisions that are required to manage any anticipated economic shifts as a result of the energy transition.
The results of these consultations have been captured in the Just Transition Framework and the Just Energy Transition Investment Plan, amongst others.
Based on wide-ranging consultation, including with labour unions, the Presidential Climate Commission has developed proposals for employment-creation opportunities in Mpumalanga that can be realised before 2030. The proposals are being used by the Mpumalanga province and JETIP PMU to inform planning and implementation, including the rollout of social employment programmes in areas such as Komati power station.
The skilling, reskilling and upskilling of workers is essential to transition workers to new opportunities. The JET-IP is channelling funding into three Skills Development Zones (SDZs) around each core value chain, namely: renewable energy, green hydrogen and new energy vehicles. These bring together local partners to support localisation and local economic development.