The aim of the GOF is to incentivise local fund managers to use new approaches and financing models to target high potential and fast-growing SMMEs operating in South Africa’s green economy. The funding will enable lending and investment to SMMEs which would not be feasible without the GOF’s support.

The GOF blends concessionary funding with private capital, thus enabling participating Catalytic Finance Partners (CFPs) to develop and adapt their SMME investment criteria and support services in ways that were not previously possible – realising greater impact in terms of the types of SMMEs funded and green outcomes created.