Scaling transition finance to achieve a Just Transition in South Africa requires collaboration among investors, policymakers, entrepreneurs and communities. By aligning the efforts of these key role-players, South Africa can address climate change while fostering economic and social inclusion, ensuring no one is left behind.

Implementing a Just Transition from a financing perspective faces significant challenges, primarily due to a funding gap for projects, especially in underserved communities lacking advocates, and the early-stage nature of many more inclusive projects. There is also a knowledge gap in private equity and the broader financial sector concerning the Just Transition’s broader importance beyond green energy, battery storage and New Energy Vehicles (NEVs).