cover image: G20 Scorecard of Fossil Fuel Funding: South Africa

20.500.12592/2vpfjd

G20 Scorecard of Fossil Fuel Funding: South Africa

9 Nov 2020

Progress in ending support is poor, with a 14% 3. Scale of support for coal exploration, production, 8th / Very high $300 million of support to coal exploration, increase in total government support for fossil processing, and transportation production, processing, and transportation fuels relative to the 2014–2016 average. [...] The power power exploration and production of coal also continue to 6. Scale of support for fossil fuel 5th / Medium $3.4 billion of support to fossil fuel use receive support. [...] Of particular concern is the USD use 68 million in government funding made available 7. Progress in ending support for 4th / Poor 13% increase in public finance for fossil fuels for water transportation projects to supply water to fossil fuels relative to 2014–2016 average coal-based power plants, including the Matimba and Medupi power stations (OECD, 2020). [...] Estimates in the table are in USD ($) and are annual averages based on the following sources: PROGRESS → South Africa increased its total • For direct transfers and tax expenditure: OECD (2020) data, 2017–2019 averages support for fossil fuels by 14% relative to the • For induced transfers: International Energy Agency (2020) data, 2017–2019 averages • For public finance: Oil Change International d [...] G20 Scorecard of Fossil Fuel Funding SOUTH AFRICA for fossil fuel-based power.
south africa

Authors

Anna Geddes

Published in
Canada
Rights
IISD, 2020

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