💨 Abstract

The U.S. is delaying a $2.6 billion climate finance disbursement to South Africa, potentially withholding it entirely, according to a Reuters report. This comes after U.S. representatives prevented the Climate Investment Funds from approving a $500 million disbursement earlier this month. The funding aims to unlock additional funds for climate solutions in developing countries, with a new attempt scheduled for June meetings.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖