for Sustainable
Development
Progress Report on Green Fund
Select Committee Meeting - 7 May 2013
Green Economy focus areas & related Programs
Progress to date
Green Fund Windows
Fund eligibility criteria:
All applications were subjected to the following eligibility criteria:
•Relevance: match to the funding Window and focus areas therein
•Innovation: the project is new and unique in the green economy space. This
innovation can relate to any of the following aspects: technology, business
model, institutional arrangements, or financing approach.
•Additionality: the project cannot proceed without the Green Fund’s
financial support and a funding gap should be demonstrated.
•Ability to scale up and/or replicate: the project has the potential to be
rolled out to other sites and/ or to be implemented at a large scale.
Eligibility and approval process
Applicant to demonstrate in submission
Applicant to demonstrate during due diligence review
MANCOM to approve for due diligence / project development
MANCOM final decision
Project development
Pipeline projects Project name Disbursement to-
dateApproved Amount Jobs Created to
date
DUT: Novel rain harvesting
technologies for peri-urban and
rural communities in SA
R 220 000 R3 725 854 20
eThekwini Municipality –
Reforestation
R 899 839 R 36 940 000 80
SANDPARK R187 950 R3 360 000 30
CoCT Thermal Efficiency Low
cost Housing
R50 000 000 -
City of Tshwane –Energy
Efficient Municipal Buildings
R780 000 -
CoCT Micro Hydro Electrical
Plant
R7 200 000 -
Wildlands Conservation Trust
(Msunduzi)
R9 066 989 R62 547 929 72
Jobs in Waste for Youth R67 370 240 -
Smarter Cities for a Greener
Economy
R9 330 950 R15 000 000 -
Private sector projectsProject name Disbursement to-
dateApproved Amount Jobs Created to
date
Farming the wild greening the rural economy
R15 700 505 R22 732 416 37
Use-It R 29 600 000 -
RE-SA R25 000 000 -
Betona R7 000 000 -
Other ActivitiesResearch and Policy Development (RFP)
•Aims to contribute to effective green economy policy formulation and implementation in
SA
•Closed 0n 28 March 2013
•155 applications being received
•Selection process is underway
Sustainable Infrastructure Council
•Task Team is in place to investigate the process of establishing SACSI
Capacity Building for Green Economy Thematic areas
•. A stakeholder consultation Roundtable is scheduled for May
Green Fund Logo
•The process of developing Green Fund logo is current
Conclusion
Member of Select Committee Meeting to note Green Fund Progress
THANKS
Top Related