Heat the world to a frazzle, then add money
Many challenges face climate change mitigation plans — not least of which is a need to restructure the global financial system
Just a week after the heads of 40 states, mainly from the Global South, met in Paris to discuss the creation of a “new global financial pact” to help poorer countries deal with climate change, mineral resources & energy minister Gwede Mantashe was highlighting some of the enormous difficulties facing such an initiative.
In his address to the annual Black Business Council summit in Joburg last week, Mantashe said South Africa has to balance the need to cut emissions with ensuring citizens have access to electricity and allowing the country to benefit from developing its natural resources. ..
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