/ 5 October 2022

Deadlock in South Africa’s $8.5bn climate funding talks

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Negotiations about the terms of the $8.5-billion pledged by European nations at COP26 to help South Africa phase out coal-fired power stations are running into stiff headwinds
Negotiators are concerned that 80% of the money promised by the UK, US, Germany, France and the European Union is in the form of high interest loans

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