South Africa Says US Energy Exit Is ‘Wake-Up Call’ for Continent
A worker inspects photovoltaic panels at a solar plant in Evander, South Africa.
Photographer: Guillem Sartorio/BloombergThis article is for subscribers only.
African nations are “on our own” after a US policy shift away from climate financing, South Africa’s electricity minister said.
The Trump administration’s withdrawal from the Paris climate accord signals reduced energy-transition financing, which translates into an estimated loss of more than $8 billion for Africa, Kgosientsho Ramokgopa told a conference in Cape Town on Tuesday.