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S.Africa gets 280 mn euros in EU grants for green transition
by AFP Staff Writers
Johannesburg (AFP) Jan 27, 2023

The European Union announced Friday it would invest more than 280 million euros ($303 million) in grants in South Africa to help the country green its coal-dependent economy.

The money will "support policy reforms on green recovery, unlock green investments and build a knowledge-based transition," the bloc said in a statement.

"Together with South Africa, we are committed to a decarbonisation pathway," the EU's top diplomat, Josep Borrell, who is in Pretoria for talks, said in the statement.

Africa has become a renewed diplomatic battleground since the Ukraine war began, with South Africa and other countries on the continent aggressively courted by Russia and China and the West.

The EU said the money came as part of the bloc's recently unveiled Global Gateway initiative, which is in part aimed at countering China's growing influence.

South Africa has championed complaints from developing nations that too much of the climate change aid they receive from rich countries comes in the form of loans instead of grants.

Part of the EU funds will go towards the greening of municipal services and help repurpose coal power plants.

South Africa, one of the world's top 12 largest polluters, generates about 80 percent of its electricity through coal.

The grants add to $8.5 billion that the continent's most industrialised economy was pledged in 2021 by the EU the Britain, France, Germany and the United States.

US Treasury chief Janet Yellen, who was also in South Africa on Friday, said Washington is contributing more than $1-billion under the scheme dubbed the Just Energy Transition Partnership.

The US "is firmly committed to this engagement," she said, as she visited the eastern Mpumalanga province, South Africa's coal mining hub.

Recent studies suggest more jobs will be created than lost in South Africa by going green, but analysts say the swap will not be painless.

"We must demonstrate quickly that these coal communities... will not be left behind in the context of an energy shift that benefits other regions," Yellen said after touring a US-funded renewable energy job training facility for women.


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ENERGY NEWS
Rich EU consumers 'outsource' environmental impact to poorer neighbours
Paris (AFP) Jan 26, 2023
Consumption patterns in wealthy European Union countries are having detrimental environmental impacts in poorer EU nations, a study Thursday found, exposing harmful inequalities on the continent. The study looked at 10 key environmental impacts - including greenhouse gas emissions, toxins in water and soil, air pollution and land use - in supply chain countries and stacked them up against GDP levels in EU nations. The negative impacts went beyond Europe - Brazil, China, India and Japan were ... read more

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