New Fund Brings Blended Finance Solution to Energy Access in Africa, NDF-supported projects showcased in Paris summit, and other stories.
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| | African Development Bank, Global Environment Facility, Calvert Impact Capital and NDF partner in USD 55 million investment into Off-Grid Energy Access Fund.
On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”). This follows the approval of additional investments of US $10 million from Calvert Impact Capital (CIC), US $8.5 million from the Global Environment Facility (GEF) and €6 million from the Nordic Development Fund (NDF). In addition, the NDF will provide a €0.5-million grant for technical assistance to support deal structuring and capacity development. | |
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| | Climate adaptation and resilience programs in focus at One Planet Summit on 12 December. | |
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A recently published PROADAPT toolkit to integrate gender in climate resilience projects now available. | |
Emphasis on green business development brings in record number of Nordic private companies. | |
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