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Cabinet gives the nod for $8.5bn just transition investment plan | Fin24

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Cabinet has endorsed the investment plan for $8.5 billion (~R155 billion) that will be used to support a just energy transition.

Cabinet has endorsed the investment plan for $8.5 billion to help South Africa meet its climate commitments.

Cabinet has endorsed the investment plan for $8.5 billion that will be used to support a just energy transition. The international partners had pledged $8.5 billion at the UN climate change conference COP26 in Glasgow, Scotland, last year. Over the past few months, the Presidential Climate Finance Task Team, led by former deputy reserve bank governor Daniel Mminele, has been working to iron out details of the offer to ensure it does not worsen South Africa's fiscal position.

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Transition LOOTING plan!

Guess we know where that will end up.

And the best place to be kept is UndertheMattress

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