The South African(SA) government is planning to shift the countries energy systems away from coal and towards renewable energy sources. The government has come up with a program called Just Energy Transition(JET-P) that aims to mitigate climate change impact, reduce carbon emissions towards a net-zero level, job creation, develop local skills, access to affordable energy, promote sustainable economic growth and development and to ensure fairness, equity and social justice.
The big economies of the world like US,UK Germany, France and the EU have committed to supporting South Africa's decarbonization efforts through their agreement in the long-term Just Energy Transition Partnership. These countries have committed financing through grants, concession loans and investments and risk sharing instruments worth $8.5billion for the first phase. This partnership is expected to prevent up to 1.5 gallstones of emission over 20 years. The partnership is more concerned about acceleration of the transition of South Africa to a low emission climate resilient economy.What does this mean to SA, in terms of economic growth?
I am interested to understand how the shift will affect jobs and business around the coal mining areas and SA. I want to determine the number of skills and the type of the job opportunities that will be available during and after the transition. I want to determine how an low emission climate resilient economy grows. I want to use comparison as well of South Africa and other countries that have taken the similar shift from coal to renewable energy sources.