South Africa Seeks Private Money for Climate Response Fund

  • Country has been hit by devastating floods in recent years
  • Fund should seek to pre-empt weather events, Creecy says
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South Africa will seek private-sector participation in a planned climate-change response fund announced by President Cyril Ramaphosa last week.

The fund will be used to pay for the strengthening of infrastructure against extreme weather as well as to restore bridges and roads damaged by those events, Environment Minister Barbara Creecy told a meeting of the Presidential Climate Commission on Friday.