Project Details
| Location: | Johannesburg, South Africa |
| Duration: | |
| Client: | KfW |
| Budget: | 83,489 € |
| Financier: | KfW |
Info: Conducting a feasibility study for a potential financial product for the residential housing sector in South Africa.
South Africa: Green Housing Mortgage Bonds
MACS has been commissioned to conduct a feasibility study for a potential financial product for the residential housing sector in South Africa – backed by KfW and distributed through a local public institution to private financial intermediaries.
South Africa is facing a major crisis in the supply of affordable housing within the residential housing sector. Particularly the housing market for the lower middle income bracket has been inefficiently served as there are no public subsidies available and households have traditionally not been seen as credit worthy enough to be absorbed by the capital market. Building on the demand within this gap market and the vast potential of energy efficiency in the housing sector, KfW has commissioned this study to assess the potential market size and conditions for Green Mortgage Bonds and Green Developers.
The wider impact of this instrument is in support of the South Africas’ National Development Plan and the National Energy Efficiency Strategy.
The provided market study consider the institutional, commercial and also the technical dimension of financing energy efficient housing in South Africa.
Management, Chief of Operations
Matthias has a degree in agricultural science and postgraduate honors in rural development and more than 20 years of professional experience in international development projects. At MACS he developed into a prolific Project Manager and Institutional Expert as well as Team Leader who played a major role during the very successful rehabilitation program for water and sanitation in Batumi (Georgia).
In the field of Energy Efficiency and Renewable Energy Matthias has developed a profile for himself and MACS through his work of coordinating the finance division for energy projects in the framework of the Green for Growth Fund (GGF), which has earned a reputation as one of the leading EE/RE funds today.
As one of the Partners and Managing Directors of MACS, Matthias is responsible for operations and financial management at MACS.