DBSA calls for experts for green fund
The Development Bank of Southern Africa (DBSA) has called for a panel of experts to provide technical, strategic and specialist support to the Department of Environmental Affairs’ (DEA’s) newly formed Green Fund, as it selects prospective green projects.
The DBSA, the Green Fund’s implementing agency, issued a request for tenders over the weekend for experienced specialist consultants to provide additional technical and strategic advice and support for the institution’s investment banking team for a period of three years.
The bank, which was responsible for reviewing project proposals and preparing prospective projects for consideration by the fund’s DEA-chaired management committee, aimed to enhance the appraisal process and the preparation of projects.
The selected consultants would be required, on an as-needed basis, from February 2013 until March 2016, to examine projects under the fund’s three focus areas, namely green cities and towns, low-carbon economy and environmental and natural resource management.
Further, the experts were expected to provide environment- and technology-specific technical expertise on the viability of a prospective project, as well as advise on legal considerations in the commercialisation of the intellectual property of the project.
The Green Fund aimed to fund, promote and develop high-quality, high-impact green projects that could not have been implemented without support.
The DEA, which injected an initial R800-million into the fund last year, aimed to use the fund as a support mechanism in South Africa’s move to a low-carbon, resource-efficient and climate-resilient green economy that delivers high-impact socioeconomic and environmental benefits.
The applications would close on January 30.
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