British High Commission reveal S. Africa low carbon plans: A sum of 13 contemporary low carbon projects have been disclosed by the British High Commission located in Pretoria that will obtain help to access finance from investors.
It comes after a call for suggestions under the Climate Finance Accelerator (CFA) South Africa, that is a section of the UK Government’s efforts to support the country in tackling climate change and support a “just transition”.
Projects originate from a variety of sectors which include energy, transport & waste management, along with some rising sustainable mobility alternatives in cities whilst lowering emissions and backing renewable energy growth.
They will include supplying electric scooters to middle and low income urban commuters and establishing solar-powered battery charging infrastructure, supporting women owner drivers who will drive electric vehicles (EVs) on a national e-hailing app and the set up of cloud-based metering and renewable energy tech in new developments as well as retrofit buildings.
Acting British High Commissioner to South Africa, Adam Bye stated: “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 & net-zero by mid-century, every sector of the economy will need to develop low carbon alternatives. 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.”
The UK has pledged to spend as much as £11.6 billion of International Climate Finance in between 2021 and 2025.
British High Commission reveal S. Africa low carbon plans