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SA to aim to alter climate change funding

The Citizen

|

October 14, 2024

South Africa will use its opportunity as incoming president of the G20 group to ensure SA and Africa get a better deal out of the Just Transition financing for the renewable energy future, says Minister of International Relations and Cooperation Ronald Lamola.

- Eric Naki

But more importantly, the country would focus on the international debate around the sovereign debt trap and infrastructural development. These two aspects economists believe stand in the way of its economic growth and progress.

SA will take over the G20 presidency on 1 December. The position is presently held by Brazil which concludes its term with the G20 Summit scheduled for 18-19 November in Rio de Janeiro.

President Cyril Ramaphosa announced the theme of SA's G20 presidency as "Solidarity, Cooperation and Sustainable Development".

He said: "This will be a significant moment in our young democracy.

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