Our Origins
One Climate Fund Southern Africa originated from the One Climate Club.
The Protestant Church of Westphalia (EKvW), Germany, conceived the Club with Indian, East African and South African partners.
The One Climate Club
The purpose of the Club is to be a facilitator of civil society renewable energy initiatives. It provides a network for its international members.
Currently these are institutions in Germany, India, South Africa and East Africa. The Club oversees the functioning of the different national institutions.
Climate Aims
The Fund aims to contribute to global efforts to achieve a 100 per cent renewable energy economy and reduce the risks of runaway climate change.
This aligns with the Paris Accord’s upper limit of global temperatures at 1.5 to two degrees centigrade above pre-industrial levels and the need to reduce CO2 parts per million from their current 410 level to a 350 level.
Funding
The Fund links German-based and Southern African savings and investments for sustainable funding, with a view to financing small-scale, independent renewable energy units.
The projects we fund must be commercially viable and sustainable in their own right.
Focus
The Fund has a particular interest in supporting self-sustaining renewable energy projects that are focused on delivering affordable power to under-serviced markets in Southern Africa.
Our Origins
One Climate Fund Southern Africa originated from the One Climate Club.
The Protestant Church of Westphalia (EKvW), Germany, conceived the Club with Indian, East African and South African partners.
The One Climate Club
The purpose of the Club is to be a facilitator of civil society renewable energy initiatives. It provides a network for its international members.
Currently these are institutions in Germany, India, South Africa and East Africa. The Club oversees the functioning of the different national institutions.
Climate Aims
The Fund aims to contribute to global efforts to achieve a 100 per cent renewable energy economy and reduce the risks of runaway climate change.
This aligns with the Paris Accord’s upper limit of global temperatures at 1.5 to two degrees centigrade above pre-industrial levels and the need to reduce CO2 parts per million from their current 410 level to a 350 level.
Funding
The Fund links German-based and Southern African savings and investments for sustainable funding, with a view to financing small-scale, independent renewable energy units.
The projects we fund must be commercially viable and sustainable in their own right.
Focus
The Fund has a particular interest in supporting self-sustaining renewable energy projects that are focused on delivering affordable power to under-serviced markets in Southern Africa.
Our Mission
It will do so by identifying, or assessing applications for, renewable energy components and projects and then designing unique investment products for funding each of these according to fund criteria.
Our Mandate
Our Values
- Respect and protect the natural environment
- Respect the needs of local communities
- Innovate in the design of financial products
- Practice high ethical standards
Primary Goals
- Make renewable energy accessible for spatially marginalised communities
- Create local job opportunities
- Enable households to reduce their carbon footprints
- Enhance community participation