Three policy recommendations for building robust climate change adaptation markets in South Africa
Policy Brief, South Africa 2019
This policy brief links the significant potential of South Africa's SMMEs to drive the transition to a green and inclusive economy with the need for policy action. It looks at how to create an enabling ecosystem in which enterprises can start and scale their products and services.
With lessons drawn from an 8-month policy prototyping labs cycle in South Africa and over fifteen years of enterprise support, this policy brief presents three recommendations for policymakers to improve SMME access and contribution to climate change adaptation markets. These recommendations include (1) increasing availability of and access to market information, (2) creating support pipelines between public and private stakeholders, and (3) leveraging intermediaries as key contributors to the implementation and evaluation of market access policies.