David Masondo suggests investors forego R150bn of sovereign debt for Eskom to meet climate targets
David | Masondo

David Masondo suggests investors forego R150bn of sovereign debt for Eskom to meet climate targets

In a statement on Tuesday, deputy finance minister David Masondo suggested investors forego almost R150bn worth of sovereign debt in order for Eskom to pivot to more sustainable methods of generating electricity. South Africa is the world’s 12th largest emitter of greenhouse gases with Eskom being the country’s biggest carbon emitter due to its coal-fired…