The recently published South African Climate Finance Landscape 2023 highlights that climate finance needs to increase by at least three to fivefold from the current annual average of R131 billion in order for South Africa to meet its net zero goal by 2050. Practically, this highlights that once off investments are insufficient for scaling green small, medium and microsized enterprises (SMMEs) in the South African landscape.
The Green Outcomes Fund (GOF) Catalytic Finance Partners (CFPs) highlight that the green SMMEs in their investment portfolio require significant post investment technical support to enable the businesses to reach full potential. In order to build and share knowledge on effective post investment support strategies, this case study aims to provide insights to the fund manager ecosystem on scalable growth and additional investments required by green SMMEs.
This project was implemented in partnership with the Anglo American Foundation.