South Africa Takes the Reins: Prioritising Climate Finance in G20 Presidency
2025-02-26

Reuters
As South Africa assumes the G20 presidency, President Cyril Ramaphosa has vowed to prioritise climate finance efforts, aiming to support developing countries in their transition to a low-carbon economy. This move comes as the US reduces its climate support, making South Africa's leadership crucial in driving global climate action and sustainable development. With a focus on renewable energy and green infrastructure, South Africa's presidency is set to play a pivotal role in shaping the future of climate finance and international cooperation. Key initiatives will include mobilising climate finance, promoting sustainable investment, and supporting climate resilience.