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Ladé Araba joins Advisory Committee for unique green fund for SMMEs

GreenOutcomesFund2

2014 Tutu Fellow Ladé Araba is serving on the Green Outcomes Fund Advisory Committee.  Ladé Araba is a senior development finance executive and board member with more than 18 years of experience.

The Green Outcomes Fund (GOF) incentivises local South African fund managers to increase investment in green, small, medium and micro enterprises (SMMEs).  The GOF is a new and unique structure that aims to catalyse higher quality and consistent green impacts. It has as one of its key goals the building of a common set of green metrics within the local investment industry.

The GOF argues that the world urgently needs to move towards models where economic growth is decoupled from natural resource use and climate mitigation pathways. In South Africa, this means investment in businesses that can generate verifiable green outcomes, whilst creating jobs, while factoring in energy, water, waste, infrastructure and land management.  Through a partnership between South African National Treasury’s Jobs Fund and GreenCape, the GOF provides outcomes-based matched, concessional funding to local recipient funds to support investments into local SMMEs that make a demonstrable contribution to South Africa’s green economy, as well as job and enterprise creation, in priority impact areas.

Ladé's experience in fund  management, her technical expertise - which is also currently being used by the United Nations Technical Group on Energy Access - and her previous expertise as a technical advisor at the most senior levels of the Nigerian government, will stand the GOF well.  The University of Cape Town's GSB Bertha Centre is a knowledge partner to the GOF.  The Bertha Centre was founded by 2013 Tutu Fellow, Dr Francois Bonnici

You can read more about Ladé joining the GOF at LinkedIn.

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Friday, 24 September 2021

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