9,301.05 TRY BIST 100 BIST 100
5.57 CNY CNY CNY
46.58 EUR EUR EUR
39.77 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
42.49 TRY Interest Interest
68.15 USD Fossil Oil Fossil Oil
46.77 USD Silver Silver
5.06 USD Copper Copper
93.48 USD Iron Ore Iron Ore
329.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,226.92 TRY Gold (gr) Gold (gr)
9,301.05 TRY BIST 100 BIST 100
5.57 CNY CNY CNY
46.58 EUR EUR EUR
39.77 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
42.49 TRY Interest Interest
68.15 USD Fossil Oil Fossil Oil
46.77 USD Silver Silver
5.06 USD Copper Copper
93.48 USD Iron Ore Iron Ore
329.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,226.92 TRY Gold (gr) Gold (gr)
9,301.05 TRY BIST 100 BIST 100
5.57 CNY CNY CNY
46.58 EUR EUR EUR
39.77 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
42.49 TRY Interest Interest
68.15 USD Fossil Oil Fossil Oil
46.77 USD Silver Silver
5.06 USD Copper Copper
93.48 USD Iron Ore Iron Ore
329.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,226.92 TRY Gold (gr) Gold (gr)

Call for autonomy in energy transition for Africa

South Africa is implementing its own energy transition strategy, reducing carbon emissions, utilizing its abundant oil and gas reserves, and embracing the Just Energy Transition Partnership.

Call for autonomy in energy transition for Africa

South African deputy president Paul Mashatile emphasized the importance of Africa Africa must be able to look at its own needs and set its own time frames during the transition, stating that while it acknowledges the need to reduce carbon emissions, it is also committed to economic development. The Just Energy Transition Partnership (JET-P) was officially announced at the UN Cop 26 climate conference in Glasgow in November 2021, but only 2.7pc of the funding package was grant money, so South Africa called on its partners to increase the portion of grants and non-debt instruments.

Mashatile also highlighted the need for developing Africa's oil and gas resources as a component of the continent's energy transition. He said that any conversation about developing Africa's resources must come from the perspective of African nations for their own benefit. South Africa's minister of mineral resources and energy, Gwede Mantashe, also stressed the need for an African contex" to the transition. He called for a frank debate on how to ensure that Africa and its people benefit from these deposits, given the extent of energy poverty across the African continent.

Mantashe expressed concern that climate change standards are being weaponized against the least developed countries, with developed nations setting climate change standards and imposing them on developing nations. He demanded that foreign-funded NGOs be registered and made to declare their source of funding as it is done with political parties.

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