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Home News A Case for Renewable Energy in South Africa’s Post-lockdown Economic Recovery Stimulus Package

A Case for Renewable Energy in South Africa’s Post-lockdown Economic Recovery Stimulus Package

2 June 2020NewsMarrakech Pledge

This policy brief lays out the key advantages for South Africa to invest in renewable energy as a post-COVID-19 stimulus package. This policy brief argues for a comprehensive policy and regulatory framework for South Africa to proceed in larger investment in renewable energy. It asserts that the investment in renewable energy will generate socio-economic opportunities for the state, creating job opportunities as well as spill-overs to the community’s empowerment and other major benefits. This brief further explains the 3 pathways in how South Africa can devote in renewable energy: restarting the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP); enabling Small Scale Embedded Generation (SSEG); and unlocking third-party transactions.

 

Read more:https://www.tips.org.za/images/TIPS_Policy_Brief_A_case_for_renewable_energy_in_South_Africas_post_lockdown_economic_recovery_stimulus_package_May_2020.pdf

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The « Marrakech Pledge » for « Fostering Green Capital Markets in Africa » is a commitment by all African Capital Markets Regulators and Exchanges to act collectively in favor of sustainable development by enabling the establishment of Green Capital Markets in Africa with the aims to promote Africa as a prominent regional green financial marketplace and an attractive destination for green and climate-resilient investments.

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