Emerging circular economy business models and opportunities in South Africa
South Africa’s Cleantech market is in its nascent stages, however recent efforts to improve the country’s Cleantech innovation such as the GCIP (Global Cleantech Innovation Program) being incorporated into the Technology Innovation Agency (TIA) could provide an opportunity for Finland’s expertise in the sector. Secondly, South Africa’s biogas sector is is developing and finland can become an ideal partner going to grow the sector. Thirdly appropriate expertise are needed to manage south Africa's water and wastewater waste.
Waste to value has the potential to become a key sector in South Africa
Waste to value presents an opportunity to establish an entirely new value chain in South Africa. Municipal solid waste and biogas are of particular interest to the country. A number of sectors in the country produce organic waste that can be converted into energy, potentially reducing both waste-to-landfill and fossil fuel consumption. Rising landfill gate fees, the current landfill ban on abattoir waste and corporate sustainability obligations and targets could drive this sector going forward