South Africa’s heavy reliance on coal has made it one of the world’s largest CO₂ emitters, posing significant environmental and health challenges. Despite government efforts, financial constraints and operational inefficiencies at Eskom hinder progress toward renewable energy adoption. Multilateral Development Banks (MDBs) are essential partners in addressing these barriers.
A study by PEP researchers highlights that MDB concessional financing, coupled with governance reforms at Eskom and economic diversification initiatives in coal-dependent regions, can drive South Africa’s green energy transition. These efforts will not only reduce CO₂ emissions but also create new economic opportunities and promote regional stability.
Find out more about the research methods, findings, and policy recommendations in the following PEP publications:
Working Paper coming soon | Policy Brief No. 287 | More about MDB Support for Green Transitions
