South Africa Chides Rich Nations Over ‘Just’ Transition to Green Tech

Lesetja Kganyago, governor of South Africa’s central banking in Marrakesh, Morocco.Photographer: Hollie Adams/Bloomberg
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South African central bank chief Lesetja Kganyago urged wealthy nations to meet commitments to share the cost of transitioning to a greener economy and not “hoard” vital climate change technology.

“A just transition requires that benefits and costs are shared more equally within countries but also amongst countries,” he said Saturday in Marrakech, Morocco, during the annual meetings of the International Monetary Fund and World Bank.