Finance RE

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

MAY 2020
Source: 

Trade & Industrial Policy Strategies (TIPS)

A case for renewable energy in South Africa’s post-lockdown economic recovery stimulus package_TIPS.png

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.

 

Countries: 

South Africa

Sectors: 

Energy

Themes: 

COVID-19

Key search terms: 

renewable energy

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