“You plan for the worst and hope for the best,” Rachel Kyte, the envoy, said in an interview in South Africa’s capital of Pretoria on Thursday. “We have to plan for a world where the US is not transfusing funds into the green transition.”
The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said.
This week, South Africa said the US notified it about withdrawing from a coal-transition pact to which it had committed US$1 billion ($1.33 billion). In January, Washington cancelled US$4 billion of pledges to the Green Climate Fund, the largest of its kind globally. The fate of billions of dollars pledged by the US to green shifts in Indonesia and Vietnam is unclear.
