Workshop on Mobilising Finance for a Just Transition

The PCC invites you for the final multi-stakeholder consultation on the Just Transition Financing Mechanism (JTFM).

The PCC commissioned research and put forward draft proposals for a Just Transition Financing Mechanism. Certain key functions have been identified that need to be performed by one or more institutions. These functions include tagging, pipeline development, project design, matchmaking, financial structuring, blending and implementation support, amongst others.

The proposals were published for public comment, and the PCC will be taking comments on board, as well as the feedback from this consultation, before finalising its recommendations to the President and Cabinet. The questions we propose are considered by this workshop are:

• How do we define what constitutes a ‘just transition’ project, and what are the criteria that should inform the tagging framework?
• What functions should be performed by a Just Transition Financing Mechanism?
• What institutional arrangements are needed to support financing of the just transition (e.g., centralised vs. decentralised; single fund or funds; one or more mechanisms; public vs. private)?

The PCC will host its final consultation with stakeholders as follows:

Date: 18 March 2024

Time: 09:00 – 14:00

Venue: Hilton Hotel, Sandton- Johannesburg

You are also encouraged to send representatives to this engagement.

Kindly RSVP to the Climate Finance team, at climate-fin@climatecommission.org.za by 15 March 2024.

For any further enquiries, do not hesitate to contact Ms Khwezikazi Windvoel, Climate Finance Manager at khwezikazi@climatecommission.org.za