‘War’ over how $8.5-billion climate finance will be distributed

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‘War’ over how $8.5-billion climate finance will be distributed: Disagreements as civil society groups say they are not getting a meaningful role in the process, while would-be recipients queue up for the money

in Glasgow — to enable South Africa to transition to a cleaner economy — has come under fire over how the funding should be allocated.

According to sources within the Presidential Climate Finance Task Team, different interests within the country are tussling over how the money, which equates to R132.5‑billion, which is yet to land, should be distributed.Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

 

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