Former Absa CEO Daniel Mminele appointed head of presidential climate finance task team

Described as a “well-respected leader both in government and the financial sector”, Mminele will lead efforts to mobilise finance for a “just transition that advances the country’s interests, protects vulnerable workers and communities, contributes to investment, growth and sustainable jobs, and supports the global fight against climate change”, the presidency said.

On November 2 2021, the government announced a partnership with the governments of France, Germany, the UK, US and the EU, to support a transition to a low-carbon economy and a climate-resilient society. The presidency said in line with the political declaration to establish this partnership, partner countries have offered to mobilise an initial $8.5bn over the next three to five years through a range of instruments, including grants and concessional finance, to support the implementation of the contribution.

“The presidential climate finance task team, led by Mminele, together with the asset and liability division from National Treasury, will analyse the offer with a view to advising cabinet on its composition, affordability and alignment with our regulatory environment.

How many task team do we have under this current administration so far? Many task team but they are not effective but still appointing more useless task teams

Ah yes, cadre deployment at it’s best

New task teams everyday 🤔🤔

What the heck is this? Another way to loot to funds given by World bank not so long. Cyril is the most corrupt President post 94.

Presidential climate finance task team? What does that even mean? Another “come through and eat buddy” - get together.

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