South Africa power

South Africa left with huge climate finance gap despite domestic funders’ efforts

In depth
Issue 497 - 10 Dec 2023 - By Tonderayi Mukeredzi | 4 minute read

Nearly all of South Africa’s climate finance is being provided from local sources, while inflows from international funders remain very low, a new Presidential Climate Commission report shows.

While more funds have flowed into Africa’s largest greenhouse gas emitter in recent years, these resources remain insufficient compared to the extent of the actions required to adapt and mitigate the impacts of climate change.

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