Rich Nations Pitch $5 Billion to Fund South Africa Coal Exit

摘要

Envoys from some of the world’s richest nations met with South African cabinet ministers on Tuesday to discuss a climate deal that could channel almost $5 billion toward ending thecountry’s dependence on coal.That funding would be comprised mainly of loans, along with some grants, according to a person familiar with the discussions, who asked not to be identified as the matter isn’t yet public.The delegation is trying to hammer out an agreement that can be announced at the COP26 climate talks, which start in Glasgow, Scotland on Oct. 31. The discussions with South Africa --the world’s 12th-biggest emitter of greenhouse gases -- include representatives from the U.S., U.K., Germany, France and the European Union. The delegation was led by the U.K.’s COP26envoy John Murton.