SA gets its first green funding offer
Climate Investment Funds offers an indicative grant allocation of between $200m and $500m that will be based on plans for clean energy drawn up by the government
SA has received its first commitment to financing its green transition with an indicative grant allocation of between $200m and $500m from the Climate Investment Funds (CIF), a global fund that supports solutions to climate change.
SA and two other countries have been invited to participate in the accelerating coal transitioning programme funded by the CIF’s Clean Technology Fund, minister of environment, forestry and fisheries Barbara Creecy said on Friday. ..