There are pressures to adopt sustainable behaviour more so in generating profits and benefiting the society to accelerate green efforts through a green framework. The overarching goal of the paper is premised through various works of literature, building the ecosystem the elements highlighted by most researchers in the field of environmental entrepreneurship. The various models reviewed consists of generic incubators and entrepreneurship, and societal and environmental factors. Environmental entrepreneurship is often used interchangeably with concepts such as green entrepreneurship and ecopreneurship which under-researched globally, with non-existent efforts on the applicability and modelling of key environmental entrepreneurship within a specific context utilising the system dynamics approach. In order to assess the environmental entrepreneurship ecosystem, the authors adopted a system dynamic approach to determine key variables that enable the development of the system. A literature review was conducted, and of the 135 articles reviewed, n=92 peer-reviewed articles met the criteria that the researchers set. Some of the results emanating from a systematic review are environmental policy, green skills, financial and non-financial support, societal and behavioural factors, environmental agility, ethics and governance, and access to markets. The theoretical results are simulated using system dynamics modelling. Due to limited research on the abovementioned topic, a possible impacting variable (Exogenous variables) was broadened to add value to, and have an impact on, the study. Upon reviewing the above-mentioned models, the framework emerged signalling elements to be simulated in the system dynamics model, which were then theoretically contextualised for the South African context. The theoretical virtual system dynamic model forming part of the framework will be tested and validated in the next study. The applicability of the theoretical ecosystem to South African context as well as future recommendations are provided in the study.