Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, how much of the funding pledged by the UK at COP26 for the Just Energy Transition in South Africa has been allocated; and what information his Department holds on how much of the total funding pledged at COP26 for the Just Energy Transition in South Africa has been allocated as of 28 November 2023.

The Just Energy Partnership (JETP) is a decades long endeavour which has made good progress since its inception in 2021. The original members of the International Partners Group (IPG) have increased their grant offer by 57 per cent since COP26 (from $329 million to $517 million). With the addition of the Netherlands and Denmark to the IPG, grant financing has increased by 116 per cent to $713 million. Approximately 50 per cent of the pledged grant funding has been committed, and 35 per cent is in the planning stages. Total financing from the IPG has expanded to $9.3 billion. $1.3 billion of IPG loans have been signed - with Euro 600 million disbursed.