South Africa

The Climate Finance Accelerator in South Africa

CFA South Africa is led by our delivery partners National Business Initiative and GreenCape. CFA South Africa closed its fourth call for proposals in January 2026. Businesses that have been selected to join the cohort will be announced later in the year.

CFA South Africa has successfully concluded three cycles, supporting the development of a robust pipeline of climate-aligned investments. During this period, we have worked with 43 businesses/projects, helping to mobilise over USD100m in investment across energy, transport, water, waste management, and sustainable agriculture. Our engagement has strengthened local capacity and investor readiness, contributing to delivering on the global ambition to limit warming to 1.5°C. We also support South Africa’s just transition through inclusive approaches to sustainable development, improved gender equality and social inclusion, and building resilience to climate impacts.

The South African context

South Africa is deeply committed to sustainable development and aims to transition to a low carbon economy. South Africa faces a range of environmental challenges driven by climate change that are intensifying water scarcity and food insecurity as well as socio-economic challenges related to poverty, unemployment, and inequality. This context presents the opportunity to deliver real impact through the CFA, particularly across energy, transport, water, waste management and sustainable agriculture – sectors which also demonstrate positive investor appetite.