Greylisting will create heavy weather for R155bn climate change package
Though the funding is unlikely to be withdrawn, greylisting will complicate its dispersal, says Intellidex chair
16 October 2022 - 09:57
South Africa’s possible greylisting by the Financial Action Task Force (FATF) in February will complicate accessing the $8.5bn (R155bn) climate change package pledged to the country.
Stuart Theobald, chair of Intellidex, said it was unlikely the money would be withdrawn, but complications could be expected around its dispersal. ..
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