South Africa says it is still analyzing details of $8.5 billion climate deal with rich nations - News Summed Up

South Africa says it is still analyzing details of $8.5 billion climate deal with rich nations


REUTERS/Siphiwe SibekoMay 10 (Reuters) - South Africa's government is still analysing details of a $8.5 billion financing package offered by rich Western nations last year to help the country shift away from coal, environment minister Barbara Creecy said on Tuesday. South Africa is the world's 12th biggest emitter of climate-warming gases and a major coal producer and user. South Africa's chief negotiator at COP26, Maesela Kekana, told the same briefing that negotiations were still being held with the Western nations. Creecy said South Africa was also considering the impact of the shift from coal on unemployment and poverty. About 93,000 people were employed in South Africa's coal mines in 2021, according to industry body the Minerals Council.


Source: The North Africa Journal May 10, 2022 11:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */