US and International Partners Group Support South Africa's Just Energy Transition

The International Partners Group (IPG) has pledged over $12.8 billion to support South Africa’s transition from coal to a low-emission, climate-resilient economy. The US has contributed $56 million in grants and $1 billion in commercial debt/equity through the US International Development Finance Corporation. Despite the US’s withdrawal from some aspects of the partnership, the IPG continues to express strong commitment to the just energy transition in South Africa, with over $2.5 billion of the pledged funds already allocated. South Africa remains a key partner in receiving ongoing international support to ensure the transition benefits all its citizens.