Green finance


Overview

South Africa ranks 13th out of 21 countries to use tax as an incentive to drive the green growth agenda (ahead of Australia, Singapore, and Finland) according to the KPMG Green Tax Index. A range of funding solutions is available to green technology manufacturers and service companies, as well as those who use or procure such goods and services. These cover development finance institutions (DFI), local public and private sector financiers and investors, and a considerable range of tax incentives.

 

GreenCape's work in this space

The Green Finance Desk (GFD) primarily acts as a facilitator in the financing of green projects and green business. The GDF works across all sector desks at GreenCape and its objectives are to:

  • Develop a network of financial institutions (private and public) with green finance interests.
  • Develop an understanding of the main green projects requiring investment/financing.
  • Break down any barriers that exist between green finance and green projects.
  • Facilitate the implementation/adoption of innovative financing solutions for green economy business models.
  • Provide ad hoc support to programmes and initiatives requiring a financial/investment viewpoint.

The GFD has developed a tool to locate financiers in the green funding space, which is hosted on the South African National Energy Development Institute (SANEDI) website. The database is also available to download here


News and events


News: Climate Finance Accelerator (CFA) South Africa begins its second phase and launches call for proposals

Re-issued with permission from the British High Commission in South Africa    5 July 2022 PRESS RELEASE: UK GOVERNMENT SUPPORTS CLIMATE PROJECTS IN SOUTH AFRICA   Climate Finance Accelerator (CFA) South Africa begins its second phase… Read more

Get to know the team: Catherine Gwynne-Evans

Get to know our new Green Finance Intern, Catherine Gwynne-Evans What is your background expertise and how does it relate to your role here at GreenCape?I studied BCom Management, majoring in Economics and Environmental… Read more

Library


Green Economy Climate Finance Database 2022

GreenCape’s Green Finance Desk has compiled and continues to maintain a database of climate finance sources and incentives that could be relevant to companies and projects operating in the South… Read more

Unpacking cleantech concepts in partnership with FNF

A green economy for South Africa is not a far-off future state. Read more