15 South African low-carbon projects receive United Kingdom funding

15 South African low-carbon projects receive United Kingdom funding

This is great news for South Africa!

Electric minibus taxis, recycled coal: 15 SA low-carbon projects get UK-funded technical support.
Electric minibus taxis, recycled coal: 15 SA low-carbon projects get UK-funded technical support. Image: Supplied/Lameez Omarjee

South Africa is set to receive an injection of funds coming from the United Kingdom.

Read more: Ramaphosa to meet with energy cluster ministers on Sunday

According to News24, fifteen innovative projects have been identified to focus on reducing carbon emissions.

These projects have been selected to receive technical support from a UK-funded programme.

These projects will form part of the second phase of the UK's Climate Finance Accelerator (CFA) programme. 

A project by The Good Company focuses on food security through vertical urban farms.
Image: Supplied

The CFA was set up to support developing countries to achieve their climate commitments under the Paris Agreement.

The Paris Agreement involves reducing greenhouse gas emissions that contribute to climate change. 

Read more: Diesel price drops, petrol price up ahead of festive season

According to News24, back in 2021 there were 13 low-carbon projects selected as part of the first cohort of the CFA. 

This helps startups to refine business models in order to secure finance from domestic and international investors.

Everlectric is an example of an electric vehicles and services business that has received funding support.

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Main image attribution: Lameez Omarjee

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