Full Text Available

Note: Clicking the button above will open the full text document at the original institutional repository in a new window.

From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa

The profound repercussions of climate change manifest acutely within Africa. As the region grapples with the disruptive forces of erratic weather patterns which have resulted in widespread droughts and floods impacting the most vulnerable of its people. The exigency to adapt emerges as a pressing ma...

Full description

Saved in:
Bibliographic Details
Main Author: Davis, Grant
Other Authors: Meyer, Camille
Format: Thesis
Language:English
English
Published: Graduate School of Business (GSB) 2025
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1867613174765715456
access_status_str Open Access
author Davis, Grant
author2 Meyer, Camille
author_browse Davis, Grant
Meyer, Camille
author_facet Meyer, Camille
Davis, Grant
author_sort Davis, Grant
collection Thesis
description The profound repercussions of climate change manifest acutely within Africa. As the region grapples with the disruptive forces of erratic weather patterns which have resulted in widespread droughts and floods impacting the most vulnerable of its people. The exigency to adapt emerges as a pressing mandate, underscoring the critical imperative for timely and effective climate resilience strategies. Given the inadequate public and international financing for adaptation, there is therefore an urgent need to tap into alternative sources, particularly those from the private sector. Nature-based solutions (NbSs) encompass actions and strategies that rely on the use of natural processes to address environmental challenges and have been highlighted as a potentially cost effective and eco-system enhancing means of building climate resilience. This exploratory study investigated the financing landscape in South Africa to determine barriers and success factors that hinder or enable private sector investment in NbS for climate adaptation. This study was conducted using primary data in the form of 26 interviews with professionals from across the financing landscape. Through the application of grounded theory, this study considered how industry professionals understand NBS and their perceptions of the financing of adaptation. This study identified factors which hinder the effective participation of the private sector in investing in NBS for climate adaptation. These can be categorised as: market related, project level, policy and institutional, skills and capacity, and information or data gaps. Furthermore, the study found that, whilst Development Finance Institutions have made advances in supporting climate adaptation NBSs, there isstill insufficient progressin this area. It is also evident that leveraging private sector investment effectively will require an innovative approach that recognises the existing challenges associated with climate adaptation. Whilst many difficulties lie ahead, what is clear from the study is that the sector is working towards overcoming these challenges. This study provides a significant contribution towards understanding the South African context for all stakeholders operating in this space.
format Thesis
id oai:open.uct.ac.za:11427/41511
institution University of Cape Town (South Africa)
language English
eng
last_indexed 2026-06-10T12:31:56.645Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher Graduate School of Business (GSB)
publisherStr Graduate School of Business (GSB)
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/41511 From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa Davis, Grant Meyer, Camille finance development The profound repercussions of climate change manifest acutely within Africa. As the region grapples with the disruptive forces of erratic weather patterns which have resulted in widespread droughts and floods impacting the most vulnerable of its people. The exigency to adapt emerges as a pressing mandate, underscoring the critical imperative for timely and effective climate resilience strategies. Given the inadequate public and international financing for adaptation, there is therefore an urgent need to tap into alternative sources, particularly those from the private sector. Nature-based solutions (NbSs) encompass actions and strategies that rely on the use of natural processes to address environmental challenges and have been highlighted as a potentially cost effective and eco-system enhancing means of building climate resilience. This exploratory study investigated the financing landscape in South Africa to determine barriers and success factors that hinder or enable private sector investment in NbS for climate adaptation. This study was conducted using primary data in the form of 26 interviews with professionals from across the financing landscape. Through the application of grounded theory, this study considered how industry professionals understand NBS and their perceptions of the financing of adaptation. This study identified factors which hinder the effective participation of the private sector in investing in NBS for climate adaptation. These can be categorised as: market related, project level, policy and institutional, skills and capacity, and information or data gaps. Furthermore, the study found that, whilst Development Finance Institutions have made advances in supporting climate adaptation NBSs, there isstill insufficient progressin this area. It is also evident that leveraging private sector investment effectively will require an innovative approach that recognises the existing challenges associated with climate adaptation. Whilst many difficulties lie ahead, what is clear from the study is that the sector is working towards overcoming these challenges. This study provides a significant contribution towards understanding the South African context for all stakeholders operating in this space. 2025-07-03T09:33:02Z 2025-07-03T09:33:02Z 2025 2025-07-03T09:08:39Z Thesis / Dissertation Masters MBA http://hdl.handle.net/11427/41511 en eng application/pdf Graduate School of Business (GSB) Faculty of Commerce University of Cape Town
spellingShingle finance development
Davis, Grant
From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
thesis_degree_str Master's
title From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
title_full From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
title_fullStr From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
title_full_unstemmed From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
title_short From toots to returns: a thesis on financing climate adaptation via nature-based solutions in South Africa
title_sort from toots to returns a thesis on financing climate adaptation via nature based solutions in south africa
topic finance development
url http://hdl.handle.net/11427/41511
work_keys_str_mv AT davisgrant fromtootstoreturnsathesisonfinancingclimateadaptationvianaturebasedsolutionsinsouthafrica