NDF joins Climate Investor One, EEP Africa goes live, & other stories.
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| | Following NDF’s Board of Directors approval, NDF joins Climate Investor One (CIO) on the facility’s third close with a financing commitment of EUR 5 million. CIO is a “whole-of-life” financing facility mandated with delivering renewable energy projects in Africa, Asia and Latin America. CIO, launched in partnership between FMO, the Dutch Development Bank, and Sanlam Infraworks, part of the Sanlam Group of South Africa, is managed by Climate Fund Managers. Read more » | |
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| | With a well-attended event on the first day of Africa Utility Week (AUW) in Cape Town, the Nordic Development Fund (NDF) and the EEP Africa team officially opened the EEP Africa Innovation window for new proposals. Guidelines and a launch video for the latest call can be accessed at the eepafrica website.
The Energy and Environment Partnership covering Southern and East Africa (EEP Africa) is a multi-donor fund hosted by NDF and providing early stage grant and catalytic financing to innovative clean energy projects, technologies and business models. It operates as an open, competitive challenge fund through regular rounds of Calls for Proposals (CfPs). Current funding partners include Austria, Finland and NDF.
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During a combined signing event with NDF and the Danish Investment Fund for Developing Countries (IFU), the African Guarantee Fund (AGF) secured a fresh injection of shareholder capital of more than USD 25 million comprising EUR 9 million from NDF and USD 16 million from IFU. | |
In studies of climate change vulnerability, an important constraint relates to the uncertainty of climate projections that local governments require to estimate the risks and impacts that climate events have in different areas within the city. The lack of downscaled information makes it difficult to compare how individual communities, households and small businesses adapt to severe and extreme weather events. | |
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| | Early summer 2018, NDF took a lead role in staging a Nordic Roadshow to promote climate financing opportunities for small and medium-sized companies, while driving new levels of cooperation among Nordic associations and public sector organisations. The Roadshow, which spanned all the Nordic capitals, was conducted in cooperation with local partners on the ground, including The Swedish Agency for Economic and Regional Growth; Norwegian Energy Partners; the Confederation of Danish Industry; Business Finland; and Promote Iceland. Read more » | |
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