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Government unveils 59 projects to yield R8m in green finance
Cape Argus
|July 01, 2025
MINISTER of Forestry, Fisheries and the Environment, Dr Dion George, has announced the identification of 59 bankable biodiversity projects aimed to generate a minimum of $450 000 (just more than R8 million) in green finance, harnessing investments to bolster the biodiversity economy.
The initiatives, announced during the department's budget vote speech in Parliament on Friday, come through the newly launched biodiversity sector investment portal, designed to connect potential investors with viable projects that enhance environmental sustainability.
This strategic approach aims to position the Department of Forestry, Fisheries and the Environment (DFFE) as a national leader in environmental financing amid ongoing budgetary constraints.
“In the face of budget cuts, the DFFE is doubling down on financial discipline and innovation to ensure every rand unlocks value for people and the environment,” George said.
This story is from the July 01, 2025 edition of Cape Argus.
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