Climate finance for a transition away from coal
In a recent article published in The Conversation, ACDI honorary research affiliate Emily Tyler highlighted the recently announced financing partnership between South Africa and a consortium consisting of France, Germany, the UK, the US and the European Union (EU). The deal was detailed in the opening days of the COP26 international climate conference and aims to help support South Africa's transition away from coal and encourage a low carbon, climate resilient economy.
Emily discusses the implication this deal will have on South Africa's economy and society, highlighting its significance, the challenges and the potential benefits.