Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
The executive director of South Africa's Presidential Commission on Climate Change called the country's coal industry "delusional" on Wednesday, saying the market for the fossil fuel is going to dwindle rapidly in the next decade.
Shipping companies that transport the world's coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel.
