
Thursday Aug 10, 2023
COP27: Who Will Keep An Eye On The Money?
At last year’s COP26 meeting, several European countries pledged the equivalent of R150 billion ($8.5 billion) to help Eskom out of its quagmire. This money is earmarked to help Eskom, one of South Africa’s biggest polluters, along with Sasol, shut down ageing power plants and migrate to renewable energy.
I am probably not the only one worrying about how this money will be spent and who is going to ensure it does not get stolen.
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