South Africa’s EV dream threatens $8.5 billion in climate aid
19 Oct 2022

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South African Eleska superbug |
South Africa wants to spend billions of dollars fostering an electric vehicle industry, complicating efforts to finalize an $8.5 billion climate aid package before next month’s United Nations climate summit.
The landmark funding plan unveiled at last year’s climate conference in Glasgow was meant to help South Africa wean itself off coal. It was hailed at the time as a prototype for other developing countries transitioning to cleaner energy, but talks are now mired in disagreements over how the money should be used.
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