Billions in U.S. Funding Hasn't Convinced Developing World to Ditch Coal

By WSJ World News By WSJ World News   | 3 months ago
Billions in U.S. Funding Hasn't Convinced Developing World to Ditch Coal

By

Alexandra Wexler, Sha Hua and Matthew Dalton

Dec. 2, 2023 11:00 pm ET

JOHANNESBURG—Wealthy nations are sending tens of billions of dollars to poorer ones for clean energy, the linchpin of a global strategy to cut greenhouse-gas emissions in the developing world.

But two of the most ambitious efforts yet—in South Africa and Indonesia—are now at risk of unraveling, sowing doubts about the rich world’s ability to push developing countries away from coal and other fossil fuels.

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