UN Green Climate Fund splits over net-zero demands for South African partner

Issue 448 - 21 Oct 2021

The UN’s Green Climate Fund (GCF) has postponed a decision on whether to re-accredit the Development Bank of Southern Africa (DBSA), amid strong opposition from some members to a demand that the DBSA commit to a net-zero emissions target for its investments. It adds another element to wider arguments over Africa’s responsibilities in relation to climate change in the run-up to COP26 summit in Glasgow in November .

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