South Africa

The 2026 Call for Proposals in South Africa is closed - the application form was closed on 12 February 2026.

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 with nine businesses selected to join the cohort.

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.

The CFA South Africa 2026 cohort

BioVest Holdings (Pty) LTD convert agricultural waste into renewable biomethane and biogenic CO2 to displace fossil fuels in industrial heating.

Innotegy Renewable Fuels are establishing a vertically integrated biorefinery to produce sustainable aviation fuel and renewable diesel.

M Squared Energy Group are developing a 500 MW solar PV facility in Limpopo to supply renewable electricity to the national grid.

Nova Moto offer an energy-as-a-service model for electric motorcycle fleets, featuring battery-swapping technology.

Peco Power provide modular, plug-and-play solar DC grids to households and small businesses through a network of local youth entrepreneurs.

STROOM rent locally manufactured cargo e-bikes to township youth for zero-emission delivery jobs through a microhub model.

TaylorMade Water integrates industrial wastewater treatment with hydroponic farming to produce food crops while saving freshwater.

TERRAGRN are restoring 10,000 hectares of degraded landscape in Mpumalanga through invasive species clearance, community-led agroforestry and nature-based value chains for sustainable materials and bioenergy.