Denmark and the Netherlands are exploring the possibility of joining South Africa’s groundbreaking $8.5 billion climate-finance pact, aiming to help the country transition away from coal and embrace cleaner energy sources.
Next week, the prime ministers of Denmark and the Netherlands will visit South Africa, where they are expected to make an important announcement on June 20 regarding the country’s just energy transition and the promotion of green hydrogen, Bloomberg reported.
“We hope that the Netherlands is able to contribute meaningfully to South Africa’s just energy transition,” the Dutch embassy said in an emailed response to questions. “The extent and form that this contribution by the Netherlands takes will be announced on June 20.”
The inclusion of Denmark and the Netherlands in the Just Energy Transition Partnership, along with the UK, US, France, Germany, and the European Union, offers significant support to South Africa’s efforts to reduce coal dependency, which currently accounts for over 80% of its electricity generation.
Beyond South Africa, this potential collaboration sets an example for other coal-dependent nations like Indonesia and Vietnam, showcasing the potential for future partnerships in the fight against climate change.
As discussions progress, stakeholders eagerly await official announcements. The involvement of Denmark and the Netherlands in South Africa’s climate pact marks a major stride towards a greener future, not only for South Africa but also for sustainable energy practices across the African continent.