Finance ministers and central bankers from the G20 top economies gather in South Africa on Wednesday and Thursday, for a meeting marred by the absence or curtailed attendance of key members and disputes over the main issues of climate,

President Cyril Ramaphosa will this morning officially open the inaugural meeting of the Group of 20 Finance Ministers and Central Bank Governors under South Africa’s G20 Presidency.

There seemed little hope of agreement on issues host President Cyril Ramaphosa sees as core: inadequate climate finance from rich nations, reform of a financial system that penalises poor countries an

The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.

The two day meeting consists of finance ministers and central bank governors and takes place from 26-27 of February.