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Cabinet Endorses Climate Finance Deal

SOUTH AFRICA
  • Bloomberg reports that the South African Cabinet have endorsed the so-called 'Just Transition' energy plan.
  • That's as expected following gov meetings earlier this week - media briefing kicking off now, with full climate finance plan likely released publicly over the next week or so. The pact could see a value of as much as $8.5bln – and markets will be watching how much of those funds head toward Eskom.

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