Impact fund manager Gaia highlights the challenges facing the transition to clean energy in sub-Saharan Africa in the absence of a viable secondary market.
The French fund is betting on clean energy infrastructure development in sub-Saharan Africa, which has one of the lowest electrification rates in the world.
The funding will accelerate the development of new home energy products and expansion across Europe, as the firm says it wants to help three million households transition to sustainable energy by 2030.
Thriving community organisations are making a valuable contribution to the UK’s energy transition, but funding remains tight. They are hoping the new Labour government will provide more support.
A $27m guarantee facility aims to boost renewable energy in Southern Africa and unlock up to $270m of private capital investment into independent power projects.
The blended finance fund, which invests in green energy and infrastructure in developing countries, is focused on climate mitigation and adaptation, social development, economic infrastructure and gender equality investment.
AgilityEco, an energy efficiency services business aimed at reducing fuel poverty and CO2 emissions from UK households, has seen its turnover increase threefold since Bridges investment in 2019.
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