02 Dec 2021
UK to support 13 low carbon projects in South Africa.
The British High Commission in Pretoria has announced it will support 13 innovative low carbon projects in accessing finance from investors.
The announcement comes after a call for proposals by the Climate Finance Accelerator (CFA) South Africa, established by the UK Government to help South Africa fight climate change and achieve a “just transition” from fossil fuels to green energy. This is part of the UK’s commitment to spend a minimum of £11.6 billion of International Climate Finance by 2025.
The South African projects come from several different sectors including energy, waste management and transport, with some hitting all three by providing sustainable mobility in cities while reducing emissions and supporting the growth of renewable energy.
These include supporting women owner-drivers in providing safe electric taxi services through a national e-hailing app, providing free electric scooters to lower-income urban commuters, and installing cloud-based metering and renewable energy technologies in buildings.
“South Africa’s Cabinet recently approved a new more ambitious Nationally Determined Contribution ahead of COP26. To help deliver this level of ambition by 2030 and net zero by mid-century, every sector of the economy will need to develop low carbon alternatives," said Adam Bye, Acting British High Commissioner to South Africa.
“I am therefore delighted to see the projects the Climate Finance Accelerator is supporting in its first cohort, including in key sectors like water, sustainable agriculture, waste management and green transport. The CFA’s support is all about helping unlock the finance that these and other innovative projects will need as part of delivering green growth and transition.”