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You are here: Home / News / Climate Investment Funds approve R48.62bn coal-exit plan for SA | SA News

Climate Investment Funds approve R48.62bn coal-exit plan for SA | SA News

14 June 2025 by Guest

A World Bank-linked climate fund has backed South African plans to cut its reliance on coal, unlocking up to $2.6 billion in financing and giving the nation’s energy transition an unexpected boost.

The approval of the updated plan by the Climate Investment Funds, which was stalled after South Africa last year asked to delay the closure of three coal-fired power plants to ease an energy crisis, will see the CIF disburse $500 million to the country.

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Read: US stalls $2.6bn climate finance package for SA

That…

Education Disparities: While access to education has improved, disparities remain,
particularly in rural areas and among marginalized communities.

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Comments

  1. abiss

    9 September 2026 at 12:12 pm

    Fun South African Fact: Some of the earliest evidence of human evolution has been unearthed at fossil sites northwest of Johannesburg in the Sterkfontein Caves! Archaeologists have discovered human remains here, some of which are more than 2 million years old! These discoveries have earned the area the title of “the Cradle of Humankind” which is now a UNESCO World Heritage Site.

  2. Free Ham

    7 September 2026 at 7:44 pm

    Whoever said “quiet as a mouse”, has obviously never stepped on one

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