# The DA has welcomed the latest announcement of a 5.8-billion-rand loan agreement between the French Development Agency and Transnet to reduce the carbon emissions of the entity’s rail and port operations. The party’s Andrew de Blocq says France is South Africa’s largest foreign investor. He says these funds will be used in transitioning to a low-carbon operating model and to ensure operational efficiency for the freight industry, thereby reducing its carbon footprint:
DA welcomes latest in crucial French and German climate financing [SOUND]
ENG AndrewONClimate