{"id":535052,"date":"2022-11-09T09:47:23","date_gmt":"2022-11-09T04:17:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535052"},"modified":"2022-11-09T11:03:27","modified_gmt":"2022-11-09T05:33:27","slug":"south-africas-8-5-bn-plan-to-exit-coal-offers-template-for-green-shift","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/south-africas-8-5-bn-plan-to-exit-coal-offers-template-for-green-shift\/","title":{"rendered":"South Africa&#8217;s $8.5 bn plan to exit coal offers template for green shift"},"content":{"rendered":"<p>South Africa and its investment partners launched an $8.5 billion plan to shift from coal toward green energy at the COP27 climate summit, in a potentially landmark deal for the transition away from fossil fuels. <\/p>\n<p>The Just Energy Transition Plan &#8212; backed by the UK, US, France, Germany and the European Union &#8212; is seen as a blueprint for other coal-dependent developing nations to cut greenhouse gas emissions. The plan for South Africa envisages 90% of the funds being used to decommission coal-fired power plants in tandem with developing renewable energy generation and strengthening grid infrastructure. <\/p>\n<p>It marks a breakthrough in bringing middle-income countries, which are often highly-indebted and lack a green regulatory framework, on board with efforts to keep global warming to 1.5 degrees celsius. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa and its investment partners launched an $8.5 billion plan to shift from coal toward green energy at the COP27 climate summit, in a potentially landmark deal for the transition away from fossil fuels. The Just Energy Transition Plan &#8212; backed by the UK, US, France, Germany and the European Union &#8212; is seen as a blueprint for other coal-dependent developing nations to cut greenhouse gas emissions. The plan for South Africa envisages 90% of the funds being used to decommission coal-fired power plants in tandem with developing renewable energy generation and strengthening grid infrastructure. It marks a breakthrough [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-535052","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=535052"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535052\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}