South Africa's G20 presidency to prioritise climate finance


A man walks at the Cape Town International Convention Centre during day two of the four day G20 Finance Ministers meeting in Cape Town, South Africa, February 25, 2025. REUTERS/Nic Bothma

CAPE TOWN (Reuters) - South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support.

President Donald Trump's administration, whose top officials have skipped two meetings of the Group of 20 nations held in South Africa this week and last, has cut overseas aid programmes, raising concerns of a potential clean energy funding shortfall.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

France's Macron calls for calm ahead of march for far-right activist killed last week
Two soldiers, five militants killed in Bannu, Pakistan army says
Ukrainians, scattered across Europe, trapped in limbo by war
Macron says US Supreme Court tariff ruling shows it is good to have counterweights to power in democracies
Analysis-Trump pushes US toward war with Iran as advisers urge focus on economy
Trump meets Vietnam leader, vows to remove Hanoi from restricted lists
Analysis-Supreme Court checks Trump's expansive view of executive power
Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
US says it struck vessel in the eastern Pacific, killing three men
1st LD: Trump says he will sign order imposing 10 pct global tariff

Others Also Read