To (i) decommission the Komati coal-fired power plant, (ii) repurpose the project area with renewables, and (iii) create opportunities for workers and communities during the transition process.
The GEF Microfinance activities will strengthen the ecosystem for microfinance in South Africa and improve global knowledge and implementation of microfinance in locally led climate and biodiversity action.
The GEF Microfinance activities will strengthen the ecosystem for microfinance in South Africa and improve global knowledge and implementation of microfinance in locally led climate and biodiversity action.
Project Details
GEF Project ID
11902
Country
South Africa
Implementing Agencies
The World Bank
Status
Concept Approved
Region
Africa
Executing Agencies
ESKOM
GEF Period
GEF - 8
Project Type
Medium-size Project
Funding Source
GEF Trust Fund
Financials
USDCo-financing Total
497,000,000
GEF Project Grant
1,000,000
GEF Agency Fees
90,000
Timeline
Received by GEF
Concept Approved