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South Africa’s Just Energy Transition Investment Plan (JET IP

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South Africa’s Just Energy Transition Investment Plan (JET IP) for the initial period of five years (2023- 2027) gives effect to the historic Just Energy Transition Partnership (JETP) forged at the UNFCCC’s (United Nations Framework Convention on Climate Change) 26th Conference of the Parties (COP26) between the government of South Africa and the governments of France, Germany, United Kingdom (UK), United States (US), and the European Union (EU) (forming the International Partners Group [IPG]). The JETP followed engagements between the parties on the unique economic and social challenges inherent in transitioning South Africa’s fossil fuel-dependent economy in a just manner. The JETP supports South Africa in achieving the most ambitious emissions reduction range as stated in the country’s updated Nationally Determined Contribution (NDC) of 420-350 megatonnes of carbon dioxide equivalent (MtCO2-eq) by 2030. A distinguishing feature of the JETP is the centrality and commitment of the partners to enable a ‘just transition’, thus recognising the direct and indirect impact that the energy transition has on livelihoods, workers, and communities.