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You are here: Home / News / SA gains access to $1bn green industry fund to accelerate industrial decarbonisation | SA News

SA gains access to $1bn green industry fund to accelerate industrial decarbonisation | SA News

17 June 2025 by Guest

South Africa has been selected as one of seven emerging economies to benefit from a $1bn concessional financing programme aimed at decarbonising heavy industry and supporting green economic development.

Source:

The funding, made available through the Climate Investment Funds’ (CIF) new Industry Decarbonization Investment Programme, positions South Africa to unlock significant opportunities in clean energy, low-carbon manufacturing, and circular economy innovation.

The CIF initiative—described as the world’s first large-scale concessional fund focused on decarbonising industry—targets high-emitting sectors such as steel, aluminium, cement, and chemicals. Alongside South Africa, other beneficiary…

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Comments

  1. Jungle King

    30 August 2026 at 6:12 am

    Fun South African Fact: Mandela’s house on Vilakazi Street is now a museum. The man who the street was named after, Dr BW Vilakazi, was a poet, novelist and intellectual. He helped develop the written form of both isiZulu and siSwati and helped put together the isiZulu dictionary.

  2. Jesterzilla

    26 August 2026 at 4:30 am

    A South African, an Australian and an Englishman are all having a drink

    The Englishman and South African both drink from Pint Glasses, the Australian from a bottle.

    The South African, upon draining his glass, drops in back down on the bar, pulls out a pistol, and shoots the glass.

    \”In South Africa, there is so much sand that I never drink from the same glass twice!\”

    The Australian, having drained his bottle, sets it down upon the bar and, upon seizing the South African\’s pistol, shoots his bottle.

    \”In Australia, there is so much booze that I never drink from the same brand twice!\”

    The Englishman, likewise having drained his glass, sets his glass upon the table, seizes the pistol the pistol from the Australian, and shoots the South African and the Australian, quite dead.

    \”In England, there are so many of you bastards that I never drink with the same two twice!\”

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