Ramokgopa attacks climate finance pact

South Africa’s electricity minister attacked the country’s groundbreaking $8.5-billion climate finance pact with some of the world’s richest nations whereby it will close some coal-fired power plants and re-purpose them to produce renewable energy. Kgosientsho Ramokgopa told a meeting organized by Standard Bank Group that the closure of Eskom Holdings’s Komati Power Station, the first plant to be shuttered, was “an injustice that is unfolding at Komati in the name of the transition.”