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Progress Report on Green Fund

Progress Report on Green Fund. Select Committee Meeting - 7 May 2013. Cross-cutting: Green cities & towns, capacity building & fiscal mechanisms. Green Economy focus areas & related Programs. Progress to date. Green Fund Windows. Fund eligibility criteria :.

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Progress Report on Green Fund

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  1. Progress Report on Green Fund Select Committee Meeting - 7 May 2013

  2. Cross-cutting: Green cities & towns, capacity building & fiscal mechanisms Green Economy focus areas & related Programs

  3. Progress to date

  4. Green Fund Windows

  5. 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.

  6. Eligibility and approval process MANCOM to approve for due diligence / project development Applicant to demonstrate during due diligence review Applicant to demonstrate in submission MANCOM final decision Project development

  7. Pipeline projects

  8. Private sector projects

  9. Other Activities Research 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

  10. Conclusion Member of Select Committee Meeting to note Green Fund Progress

  11. THANKS

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