The Green Fund of South Africa: Origins, establishment and first lessons

Najma Mohamed, Edwin Maitho, Eugenia Masvikeni, Riaan Fourie, Mahommed Tilly and Nomsa Zondi

Development Southern Africa, 2014, vol. 31, issue 5, 658-674

Abstract: The Green Fund is a national fund aimed at supporting South Africa's transition towards a green economy. The Fund, managed by the Development Bank of Southern Africa on behalf of the Department of Environmental Affairs, is a three-year programme promoting innovative and high-impact green interventions. The Green Fund is mandated to provide catalytic finance to project initiation and development; policy and research development; and capacity-building initiatives that have the potential to support South Africa's transition to a green economy. This paper provides insights into the establishment of the Green Fund and draws out lessons for the development and growth of environmental finance capabilities in southern Africa.

Date: 2014
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DOI: 10.1080/0376835X.2014.935295

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