CLIMATE INVESTOR ONE SECOND CLOSE AT USD 475 MILLION

CLIMATE FUND MANAGERS ARE PLEASED TO ANNOUNCE THE SECOND CLOSE OF CLIMATE INVESTOR ONE AT USD 475 MILLION.

22-12-2017

First close of Climate Investor One at USD 412 Million

Climate Investor One (CIO) is the inaugural financing facility launched by Climate Fund Managers (CFM), of an intended series of climate finance initiatives designed to combat the detrimental effects of unmitigated climate change.

04-07-2017

Development and cooperation agreement signed with french..

Climate Fund Managers mobilize large volumes of private sector finance on the back of enabling public sector capital.

01-07-2017

Power Africa commits to Climate Investor One

In advance of Earth Day on April 22, Dutch development bank FMO signed an agreement with Power Africa to spur investment in renewable energy projects across sub-Saharan Africa.

22-04-2016

Prize Winning Initiative, Climate Investor One

Climate Investor One, formerly known as the Climate Development & Finance Facility (CDFF), is a prize winning initiative from the Global Innovation Lab for Climate Finance.

01-12-2015

#PAGE-THE SECOND CLOSE OF CLIMATE INVESTOR ONE AT USD 475 MILLIONTITLE#

CLIMATE FUND MANAGERS ANNOUNCES THE SECOND CLOSE OF CLIMATE INVESTOR ONE AT USD 475 MILLION

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01-07-2017

Development and cooperation agreement signed with french..

In advance of Earth Day on April 22, Dutch development bank FMO signed an agreement with Power Africa to spur investment in renewable energy projects across sub-Saharan Africa. Through the United States Agency for International Development (USAID), Power Africa will commit US$5 million in support of Climate Investor One (CIO), which finances and helps fast-track wind, solar and hydro power projects in sub-Saharan Africa.

CIO targets medium-size renewable energy projects of between 25 MW and 75 MW, and shares Power Africa’s goal to add 30,000 megawatts (MW) of new power generation capacity and 60 million new business and household connections across sub-Saharan Africa.

“Power Africa’s support of the Climate Investor One is indicative of our continued investment in renewable energy technologies throughout sub-Saharan Africa,” said Power Africa Coordinator Andrew Herscowitz. “From wind parks in Kenya, to solar arrays in Rwanda, and geothermal generation in Ethiopia, Power Africa and our partners are putting the continent’s vast renewable resources to work. This agreement with CIO will not only help deliver new access to reliable, affordable, and sustainable electricity, it will help our African government partners boost economic development and tackle climate change at the same time.”

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