The Department of Forestry, Fisheries and the Environment is prioritising the removal of bureaucratic hurdles to attract investment in sustainable industries.

South Africa’s Minister of Forestry, Fisheries and the Environment Dion George, speaking after the World Economic Forum in Davos, Switzerland, emphasised that addressing administrative delays is key to unlocking economic growth and job creation in sectors such as renewable energy.

During the forum, George engaged with global leaders, investors and policymakers on strategies to create a more enabling investment environment. “South Africa has immense potential in the green economy but excessive red tape is hampering progress. We are committed to streamlining environmental approvals and licensing to ensure businesses can move from planning to execution without unnecessary delays,” he said.

The department is also focusing on leveraging the forestry and fisheries sectors for economic expansion. Efforts are underway to enhance carbon sequestration initiatives enabling South Africa to tap into global climate finance mechanisms.

George emphasised the importance of aligning South Africa with the global Green Finance Movement, which is driving capital towards sustainable projects. He said government must create conditions that attract climate finance and green investment, including partnerships with the private sector to expand renewable energy and green infrastructure initiatives. “Investors at Davos made it clear that capital is moving towards sustainable projects. South Africa must act decisively to secure its place in the global green economy,” George said.