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Minister Bredell and Minister Baartman applaud RMB’s launch of Africa’s first Nature-Linked Outcomes-Based Bond | SA News

Anton Bredell, Western Cape Minister for Local Government, Environmental Affairs and Development Planning, alongside Deidre Baartman, Minister of Finance, applauded Rand Merchant Bank (RMB) for recently launching the Cape Water Nature-Linked Outcomes-Based Bond. 

“In terms of the Western Cape’s Water Resilience Strategy, clearing of alien invasive plants is one of the most cost-effective ways to increase streamflow into our dams. This financial innovation ensures that current initiatives can scale up significantly, protecting the water supply for millions of residents and for our economy, including our vital agricultural sector,” Minister Bredell said.

According to a statement issued…

Renewable Resources: The country is investing in renewable energy sources, such
as solar and wind, to diversify its energy mix and reduce carbon emissions.

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