This Engineering News report informs us: "State-owned development finance institution the Industrial Development Corporation (IDC) would allocate R25-billion to investments in the ‘green’ economy over the next five years, Economic Development Minister Ebrahim Patel said on Tuesday.
Finance Minister Pravin Gordhan is expected to announce further financial commitments in next week’s Budget, to promote opportunities in this sector.
The green economy forms part of the key sectors identified in the New Growth Path as having the potential to unlock employment opportunities. The economic plan aims to grow employment by five-million jobs by 2020, 30 000 of which could be delivered by the green economy."
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