European DFIs scale up financing for green energy projects
FMO will commit €20m, OeEB €15m and Swedfund €15m. ICCF offers co-financing for its funders for senior loans, mezzanine debt and guarantees with a maximum tenor of 18 years. The funding capacity of ICCF is provided by AFD, EIB and 11 EDFI members. By closing the climate finance gap in emerging markets, European Development Finance Institutions (DFI) are determined to boost these countries’ resilience, generate jobs and accelerate their inclusive and sustainable economic growth. "Thanks to this replenishment, European DFIs are strengthening European financial cooperation for climate ...
Source: africaglobalfunds.com