Coal delivery trucks queue outside the Eskom Holdings SOC Ltd. Kusile coal-fired power station in Mpumalanga, South Africa, on Friday, Oct. 15, 2021. Envoys from some of the world’s richest nations met with South African cabinet ministers to discuss a climate deal that could channel almost $5 billion toward ending the country’s dependence on coal. Photographer: Waldo Swiegers/Bloomberg
Locked
Landmark $8.5 billion climate finance deal hangs in the balance
The climate finance deal was hailed as a prototype for helping other coal-dependent developing countries transition to cleaner energy sources.