South Africa seeks UK extension on $1 billion green energy guarantee amid funding delays The $1 billion debt extension guarantee is aimed at supporting its transition to clean energy, as key climate finance commitments near expiry. While $8.3 billion was pledged under the Just Energy Transition Partnership, officials say the challenge isn’t funding, but a shortage of bankable, ready-to-implement projects. High debt levels, project readiness gaps, and mismatched funding priorities are slowing pro