New Economy Forum

Rich Nations Head to South Africa Seeking Coal Exit Deal

  • Any agreement could be announced at COP26 if successful
  • U.S., U.K., France, Germany earmarked cash for end of coal
Photographer: Waldo Swiegers/Bloomberg
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Four of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according to people familiar with the matter.