About the Green Fund
The Green Fund is a unique, newly established national fund that seeks to support green initiatives to assist South Africa’s transition to a low carbon, resource efficient and climate resilient development path delivering high impact economic, environmental and social benefits. The Fund is managed by the Development of Bank of South Africa (DBSA) on behalf of Department of Environmental Affairs.
The Fund will respond to market weaknesses currently hampering South Africa’s transition to a green economy by:
- Promoting innovative and high impact green programmes and projects
- Reinforcing climate policy objectives through green interventions
- Building an evidence base for the expansion of the green economy, and
- Attracting additional resources to support South Africa’s green economy development.
News & Events
|ISHACK, A SUSTAINABLE ENERGY SOLUTION FOR INFORMAL SETTLEMENTS|
|Green Fund Window:||Green Cities & Towns|
|Economic Sector:||Sustainable human settlements, the built environment and green buildings|
|Total Green Funding:||R 17,000,000|
|Total Cost of Project:||R 19,000,000|
|Total No. of Households Benefiting From the Project||714|
|Estimated Employment:||13 Direct Jobs, 3 Indirect Jobs|