February 7, 2025
SA will need $500bn to reach net zero: World Bank

The bank said South Africa’s coal-dominated energy sector was responsible for nearly half of its emissions PRETORIA – South Africa, one of the world’s largest greenhouse gas emitters, will require at least half-a-trillion dollars to achieve carbon neutrality by 2050, the World Bank said on Tuesday. “Financing requirements associated with the transitions could amount to…
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