News
03 July 2024

South Africa seeks to renegotiate coal pact tied to $2.6bn

In:
Power
Region:
Middle East & Africa

South Africa is seeking to alter the terms of a landmark agreement under which it promised to cut its reliance on coal in exchange for access to financing.The government of President Cyril Ramaphosa is pushing to renegotiate a deal with Climate Investment Funds, a group tied to the World Bank, so...

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