No data available for the deliverable: Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.
Summary
South Africa's climate-resilient investment framework provides policy guidance, incentives for green finance and a taxonomy for sustainable investment, with pilots under way and integration into fiscal planning. Banks are required to comply by 2026 and insurers by 2027. A pilot programme with 12 institutions was completed in November 2024.
View DetailsIs it working?
The reform is progressing, with strong policy support and industry buy-in, but requires further scaling and integration. The green bond market is expanding, and the taxonomy is expected to become a standard for investment classification. Its full impact will only be clear only after broader rollout.
Actions
The framework is in its early stages, with positive industry feedback and growing adoption.
Are there plans?
A green finance taxonomy pilot was launched in Q1 2025, with industry engagement and reporting frameworks in development.
Is it on the agenda?
Climate finance is a National Treasury and FSCA priority, reflected in the 2025 Budget and regulatory strategy, and is part of the SARB roadmap 2024.
Goals
To mobilise investment in climate-resilient projects and green finance, supporting South Africa’s climate commitments and economic sustainability.
Departments / Govt Institutions
Financial Sector Conduct Authority (FSCA) National Treasury South African Reserve Bank (SARB)
Summary
South Africa's climate-resilient investment framework provides policy guidance, incentives for green finance and a taxonomy for sustainable investment, with pilots under way and integration into fiscal planning. Banks are required to comply by 2026 and insurers by 2027. A pilot programme with 12 institutions was completed in November 2024.
View DetailsIs it working?
The reform is progressing, with strong policy support and industry buy-in, but requires further scaling and integration. The green bond market is expanding, and the taxonomy is expected to become a standard for investment classification. Its full impact will only be clear only after broader rollout.
Actions
The framework is in its early stages, with positive industry feedback and growing adoption.
Are there plans?
A green finance taxonomy pilot was launched in Q1 2025, with industry engagement and reporting frameworks in development.
Is it on the agenda?
Climate finance is a National Treasury and FSCA priority, reflected in the 2025 Budget and regulatory strategy, and is part of the SARB roadmap 2024.
Goals
To mobilise investment in climate-resilient projects and green finance, supporting South Africa’s climate commitments and economic sustainability.
Departments / Govt Institutions
Financial Sector Conduct Authority (FSCA) National Treasury South African Reserve Bank (SARB)
No data available for the deliverable: Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.
No data available for the deliverable: Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.
No data available for the deliverable: Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.
No data available for the deliverable: Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.