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South Africa

President unpacks details of R131 billion COP26 deal

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President Cyril Ramaphosa says the R131 billion offer by the US, UK, Germany and the European Union (EU), made to help South Africa transition from coal to clean energy, does not mean the country must accept any unfavourable terms.

Cabinet welcomes R131bn Just Transition Partnership

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Cabinet has welcomed the historic R131 billion Just Transition Partnership established by South Africa with France, Germany, the UK, the United States and the European Union announced at the recent COP26.