UK fund for low-carbon projects in SA


29 February 2012

The British High Commission has launched a £1-million (R11.9-million) fund for 2012/13 to support projects in South Africa that are linked to prosperity, trade and low carbon growth.

According to the high commission, the money is part of a global fund which seeks to build prosperity “by increasing exports and investments, opening markets, ensuring access to resources and energy security, and promoting sustainable global growth, including avoiding climate change”.

“Global security is underpinned by sustainable growth, higher levels of employment, rising standards of living, and greater regional/international trade,” the commission said, adding that climate change constituted one the biggest threats to global security.

It was therefore in the UK’s interest to promote open and stable markets and economies, tackle barriers to economic development, and support a global transition to a low carbon economy, the commission said.

The commission invited organisations to submit project proposals that met the criteria outlined in its Prosperity Fund strategy (see “related documents”).

Concept bids should be sent to no later than 2 March 2012. Those seeking more information can contact the same e-mail address or telephone 012 421 7504/7604.

SAinfo reporter