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

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.

Transition LOOTING plan!

Guess we know where that will end up.

And the best place to be kept is UndertheMattress

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Development banks will ‘play a role’ in SA’s $8.5bn climate finance planThe UK co-ordinating the partner countries and is also leading the involvement of development finance institutions in the partnership deal 🤣 No one believes anything anymore
Source: BDliveSA - 🏆 12. / 63 Read more »

SA's COP27 game plan: South Africa to Unveil Climate Investment Plan at COP27South Africa, the world’s 13th biggest source of climate-warming greenhouse gases, will unveil details on how it plans to cut emissions next month at the United Nations Climate Change Conference in Egypt, Environment Minister Barbara Creecy said. Economic suicide.
Source: dailymaverick - 🏆 3. / 84 Read more »