COP26. Nordic countries commit $8.5 billion to decarbonize South Africa

The United States, the United Kingdom and the European Union, as well as France and Germany, meeting in Glasgow for the 26th United Nations Climate Conference, announced on Tuesday 2 November that they had reached an agreement with Johannesburg to support an “equitable energy transition” in South Africa, which relies heavily on coal.

The United States, the United Kingdom, the European Union, France and Germany brought 130 billion rand ($8.5 billion) toSouth Africa NS “Accelerating the transition from coal to renewable energies”, Report it Mail & guardian. This international partnership “For a fair energy transition, a first of its kind”, Announced on the evening of Tuesday 2 November as part of the Glasgow Climate Conference, at COP26.

Rich partner countries will mobilize an initial amount of 8.5 billions of dollars [7,3 milliards d’euros] Within three to five years to support the country’s transition to a low carbon economy2 and a climate-resilient society”, The media says in Johannesburg.

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This “A decisive moment, not only for our transition, but also for the whole world”, South African President Cyril Ramaphosa said after noting that his country had just committed, at COP26, as part of its Nationally Determined Contribution (CDN), Reduce your carbon dioxide emissions2 in the range between 420 Tons of carbon dioxide equivalent2 and 350 tons of carbon dioxide equivalent2 by 2030″. target judged “Compatible with

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