HomeIndustry SectorsFinance and PolicyGreenpeace responds to China's $2.5bn loan for Kusile power station

Greenpeace responds to China’s $2.5bn loan for Kusile power station

In response to the news of a $2.5 billion loan from the China Development Bank, which will be used towards Eskom’s Kusile power station, Greenpeace Africa has expressed their disappointment.

Senior climate and energy campaign manager at Greenpeace Africa, Melita Steele, has said: “With China’s emerging and ever-strengthening leadership on climate change and her competitive advantage on renewable energy, Greenpeace Africa is disappointed that China is choosing to support dirty coal in a country like South Africa.”

The agreement, which was signed this week in Pretoria, will form part of the funding of Eskom’s new build programme that includes Kusile. Read more: Eskom signs $2.5bn loan agreement with China Development Bank

According to Steele: “Kusile will be a mammoth coal-fired power station if it is completed, and will use up massive amounts of scarce water resources.

“Investment in coal will continue to create pollution that will damage people’s health and drive us closer to unstoppable climate change.”

The campaign manager stressed that the last two units of Kusile should not be completed and the money should be redirected to renewable energy instead.

“In the face of catastrophic climate change, the South African government should be looking for money for renewable energy, not dead-end coal,” Steele concluded.

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.