The flow of funding to energy transition initiatives in rich countries could pose a threat to SA and other developing economies, says public enterprises minister Pravin Gordhan.

Referring to the US Inflation Reduction Act, which set aside about $369bn for spending by the state on a range of projects, including many in the green economy, Gordhan said a “huge concern” is that such spending in developed economies could see these countries “outsmart and outrun everybody else”...

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