South African Renewables Initiative launches with partnership between South Africa, Denmark, Germany, Norway, UK and EIB.

The South African Minister of Energy, Ms. Elizabeth Dipuo Peters and the Minister of Trade and Industry, Dr. Rob Davies, launched an international partnership with partner Governments, and the European Investment Bank, in a bid to scale-up and secure long-term funding to enable the growth of the renewable energy industry in South Africa.

Joining Minister Peters in signing the SARi Declaration of Intent, during the COP17 climate change meetings in Durban  were

  • Martin Lidegaard, Minister for Climate, Energy and Building, Government of Denmark.
  • Dr. Horst Freitag, Ambassador Designate to South Africa, (representing Norbert Röttgen, Federal Minister for Environment, Nature Conservation and Nuclear Safety, Government of the Federal Republic of Germany.
  • Erik Solheim, Minister of the Environment and International Development, For the Government of Norway.
  • Dame Nicola Brewer, High Commissioner to South Africa (representing Chris Huhne, Secretary of State for Energy and Climate Change, Government of the United Kingdom of Great Britain and Northern Ireland).
  • Simon Brooks, Vice-President, For the European Investment Bank

 

The South African Renewables Initiative (SARi) aims to mobilise domestic
and international funding, and sector expertise, to support South Africa to
implement its ambitious plans for the scale-up of renewable energy.

South Africa’s Minister of Energy, Minister Dipuo Peters, noted that:

“South Africa has a large potential for renewable energy, with over 18 GW already included in the current Integrated Resource Plan. South Africa already benefits from international partnerships in the energy field, but this is different:
The South African Renewables Initiative will not only contribute towards the growth and deployment of renewable energy, the reduction of greenhouse gas emissions, and enhanced energy access, but, equally importantly, it will also enable South Africa to boost the development of new green industries, and new green jobs in renewable energy and its value chain. “

Expanding on the opportunity, South African Minister of Trade and Industry,
Dr. Rob Davies noted that

“Renewable energy is an opportunity for Africa. African countries need to become producers as well as consumers of
tomorrow’s technologies. As South Africa begins to roll out large scale renewables, we are seeking to do this in a way that maximises industrial and job creation benefits “

Text of the Declaration of Intent as well as statements and speeches made by South African Ministers and partners are available on the Initiative’s website: www.sarenewablesinitiative.gov.za .

About Maya Forstater

Visiting Fellow, Center for Global Development
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