VoteClimate: Just Energy Transition Guarantee: South Africa - 7th November 2022

Just Energy Transition Guarantee: South Africa - 7th November 2022

Here are the climate-related sections of speeches by MPs during the Commons debate Just Energy Transition Guarantee: South Africa.

Full text: https://hansard.parliament.uk/Commons/2022-11-07/debates/22110712000008/JustEnergyTransitionGuaranteeSouthAfrica

Andrew Mitchell (Conservative)

I have today laid a departmental minute outlining details of a new liability being undertaken by the Foreign, Commonwealth and Development Office to support South Africa’s Just Energy Transition Partnership (JETP). This guarantee will reduce the impact of climate change and support an important legacy of the UK’s COP presidency, the Just Energy Transition Partnership with South Africa. The $1billion guarantee facility will support projects in South Africa’s JETP investment plan, which has been drafted by the South African Government with the input of international partners—the United States, the UK, the European Union, France and Germany. The investment plan sets out areas for investment in renewable energy, hydrogen, electric vehicles and the coal mining region.

An announcement on the South Africa Just Energy Transition Partnership is expected to be made at COP27, which is between 6 and 18 November 2022. Any announcement on this UK guarantee will note that the guarantee is subject to the parliamentary notification process being completed. The Public Accounts Committee, the Foreign Affairs Committee and the International Development Committee have been notified of this.

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