South Africa-World Bank Climate Activities
Active World Bank Climate Projects in South Africa
- South African Cities EE and RE program (.4M - Active)
- RE Market Transformation - Global Env. Project (6M - Active)
- ESKOM Power Investment Support Project - IBRD/IDA (3750M - Pipeline).
- Durban Landfill Gas-to-Electricity Project, Carbon Offset
South African Cities EE and RE program
RE Market Transformation - Global Env. Project
"The development objective of the Renewable Energy Market Transformation Project is to establish policy and regulatory frameworks and build institutional capacity for renewable energy development in South Africa. The project global environmental objective, in line with GEF Operational Program No. 6, is to remove barriers to renewable energy technologies to help mitigate greenhouse gas emissions. The project has 2 components: 1) Renewables-based power generation in South Africa: For renewable energy power generation, the project will assist South Africa in strengthening the organizations and institutions that would help the government meet its renewable energy target. The capacity areas include development of legal and policy frameworks, promotion, regulation, and service provision of renewable energy power generation; and 2) Commercial Solar Water Heating (CSWH) is an integral component of South Africa's renewable energy policy framework. However, it is important to recognize that solar water heating is a substitute for all types of power generation, whereas renewable energy power generation is a substitute for fossil fuel power generation. As a result, solar water heating transactions are not linked to transmitting power over the main power grid, and there is no need to involve the grid operator (Eskom) in promoting this resource. "
ESKOM Power Investment Support Project
"The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply and energy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa's long term carbon mitigation strategy. There are three components to the project. Component A: International Bank for Reconstruction and Development (IBRD) support for the financing of the Medupi coal-fired power plant (4,800 MW using supercritical technology). This loan will finance supply and install and construction contracts for the power plant and associated transmission lines. Interest during construction, payable to IBRD and to other lenders to the project will also be financed by the proposed IBRD loan. Component B: support for financing investments in renewable energy (Wind and Concentrating Solar Power Plants). Component C: support for other low carbon energy efficiency components comprising the Majuba Rail Project (railway for coal transportation) and a technical assistance program for improving supply side efficiencies."