Eskom exec: SA is cheap to decarbonise - and ripe for green finance from wealthier nations

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It is arguably cheaper to decarbonise the electricity sector than hard-to-abate sectors like transport, chemicals and steel.
It is arguably cheaper to decarbonise the electricity sector than hard-to-abate sectors like transport, chemicals and steel.
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South Africa is the 12th biggest greenhouse gas emitter in the world; however, this and other factors make it an attractive destination for climate finance, according to head of Eskom's just energy transition office Mandy Rambharos.

The Eskom executive on Tuesday participated in a panel discussion as part of the Electricity Forum. The hybrid event - a partnership between the Industrial Development Corporation (IDC) and the industry association for manufacturers, the Manufacturing Circle - is taking place over two days this week.

Rambharos commented on the fact that South Africa is one of the biggest emitters of greenhouse gases in the world and the greatest source of these emissions is the electricity sector. Most recently, a data analysis by the Centre for Research on Energy and Clean Air showed that Eskom's sulphur dioxide emissions in 2019 outweighed that of the energy sectors of China, the US and the European Union, Fin24 previously reported.

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