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FOSSIL FUELS: South Africa’s $8.5bn climate finance deal ‘could be a global benchmark’ for other coal-dependent countries

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The world will keenly watch how South Africa uses the chunk of cash from rich nations to move away from coal and focus on green hydrogen and electric cars – not forgetting Eskom’s debt – says the man heading the talks on the deal.

South Africa’s $8.5bn climate finance deal ‘could be a global benchmark’ for other coal-dependent countriesSouth Africa’s $8.5bn climate finance deal ‘could be a global benchmark’ for other coal-dependent countries by S’thembile Cele and Antony Sguazzin, Daily Maverick May 4, 2022 South Africa’s planned $8.5-billion climate finance deal with some of the world’s richest nations could serve as a blueprint for other coal-dependent countries, according to the head of its negotiating team.

This article first appeared on Daily Maverick and is republished here under a Creative Commons license.

 

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$8.5 bn up in smoke!

Hahahahahahaha, damn they are stupid as hell... Giving money to the ANC? Going... Going... Gone! What money? And SA will still sit in darkness...

• There’s no greater joy than having financial freedom and a life free of debts, that’s why I Zaza posting comments about AdamTrey01 who guided me trading onlin

Who is still dumb enough to lend us money knowing fully well it will be stolen and wasted? Except if they dont care because the people organizing the loan will probably benefit personally from this. What a clown world this has become.

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