According to Katapult, the 13 companies taking part in the fourth and final programme for the fund represent the “most technically advanced and commercially mature” group of startups to date, with an average valuation of €25m.
Norfund has joined AIIM’s IDEAS Fund and the Mahlako Energy Fund to launch Anthem, a large-scale renewable energy platform which integrates several businesses and projects covering wind, solar PV and a hydroelectric plant.
The investment brings total assets under management to around $95m, which will be used to support SMEs in developing countries working in the fields of renewable energy and sustainable agriculture.
Kostis Tselenis, chair of the Hellenic Impact Investing Network, speaks to Impact Investor about the organisation’s plans to expand the nascent impact investing market in Greece.
A Rainforest Foundation Norway and the Rights and Resources Initiative report reveals declining financial support to strengthen tenure rights for indigenous people.
FSD Africa has partnered with the UN Economic Commission for Africa and the Children’s Investment Fund Foundation on a programme to help African governments unlock fiscal space for sustainable development and climate action.
Rock Flour Company has raised €6.1m in a seed round led by the Export and Investment Fund of Denmark and Novo Holdings for its carbon removal and regenerative agriculture solution using Greenlandic rock flour.
The head of impact at SNIB discusses the motivations for setting up a development bank dedicated to directing capital to respond to Scotland’s economic, social and environmental challenges.
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