South Africa confirmed – yesterday, Wednesday, that its presidency of the Group of Twenty this year will give priority to efforts to help developing countries in financing their transformation into a low -carbon economy, despite the United States to stop its support for climate issues.
This came in the speech of the President of South Africa, Cyril Ramafuza, to open the meeting of the Group of Twenty’s financial ministers and the governors of the central banks in Cape Town, in light of his endeavor to increase the pressure on the rich countries to provide more to combat the consequences of climate change and help in transforming the poorest countries to clean energy and adapting them to the weather conditions that get worse.
“There is a much greater financing to reduce the global temperature in line with the goals of the Paris Agreement, and do so in a fair and fair manner,” Ramavusa said in the speech.
With the increasing pace and severity of droughts, floods and other climate events, Ramavusa called for more funding to protect the less polluting countries from the effects of climate change.
Although it is the first country to agree to the so -called fair energy -energy shift agreement, to help it shift more quickly from burning coal in the climate to obtain energy, South Africa has struggled to obtain the money it needs.
The reduction in the administration of US President Donald Trump, whose senior officials missed two meetings of the Group of Twenty, held in South Africa this week and last week, external aid programs, as well as Britain reduced its budget for foreign aid by 40% to turn it into defense spending, to raising the concerns of the participants in the summit at Cape Town of a possible shortage of financing clean energy.
“Reuse the Dialogue”
In turn, the Kenyan Energy Minister, such as Gosenchu Ramokjoba, reported that Trump has skeptical of climate change may “reshape” dialogue “about green energy.
“Some countries may reconsider the scope of their transition from fossil fuels to green energy as a result”, warning of the repercussions of this on the efforts to combat climate change.
Some analysts considered that the withdrawal of the largest economy in the Group of Twenty (the United States) from discussions raised questions about its importance, while others saw it as an opportunity to move forward without it.
