He said the government had identified 10 sectors with potential for jobs growth. These included the government’s continuing infrastructure programme and climate change.
“In our work on the growth path, we take the challenge that is climate change and we convert it into an opportunity, which is the jobs potential in the green economy.”
Patel said the Industrial Development Corporation had committed R11.7-billion to a green industry fund to provide seed capital for industrial development to counter climate change.
“The IDC is looking across a range of green economy opportunities, from biofuels to wind energy, solar energy, and small-scale hydro, and beyond energy to green activities in the car industry.
“The focus of the IDC over the next few years will be the green economy,” Patel said.