South Africa Could Be a Coal Transition Model, Climate Fund Says
- Funds’ chief says the nation is in advanced coal-exit talks
- CIF says nation can apply for $500 million in transition cash
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
South Africa’s aging coal plants, the political priority given to exiting the dirtiest fossil fuel and its power-supply crisis mean it could be a model for other nations transitioning to cleaner energy, according to the head of an $8.5-billion group of climate funds.