The Just Transition Transaction (JTT) is a prototype coal retirement mechanism for South Africa aimed at de-risking the power sector for affordable decarbonisation and supporting affected coal communities. Structured as a large multi-lateral sovereign-backed concessional loan to the South African sovereign, the JTT is predicated on realised, Paris-aligned mitigation. A Just Transition Fund catalyses a holistic coal region rejuvenation programme.
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