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


Wat 'n suksesvolle SES vir sakebedrywighede in Atlantis kan beteken

English version here.   IsiXhosa version here. Daar word beraam dat daar teen 2030 $90 triljoen se investering in die globale groen ekonomie sal wees. Read more

What a successful SEZ could mean for Atlantis business

Afrikaans version here. IsiXhosa version here. It is estimated that by 2030, $90 USD trillion would have been invested in the global green economy. Read more

Library


Financing rooftop solar PV - new industry brief released

GreenCape has published a new industry brief for industrial and commercial businesses who would like to benefit from grid-connected solar PV systems (or other renewable energy systems) of less than... Read more

PAYS Industry Brief: An innovative finance approach for the roll out of electric buses

Public transport systems are primarily there to serve the poor and disenfranchised. Read more