The US joined Britain, France, Germany, and the EU in a multibillion-dollar partnership to help South Africa finance a quicker transition from coal, which they hope will provide a model for other countries. British Prime Minister Boris Johnson told the UN COP 26 meeting in Glasgow that the initiative was valued at 8.5 B$ overall. South Africa, which is the world’s 12th biggest emitter of climate-warming gases and heavily reliant on ageing coal-fired power stations for its electricity, said the money would help it deliver on a more ambitious pledge to reduce emissions by 2030.
Source : TechCentral
