Climate Investor Two secures US$23m from EU to support its climate change adaptation sectors

AFRICA – The European Union (EU) has committed EUR19.7 million (US$23.89m) to Climate Investor Two (CI2), the second facility under the management of Climate Fund Managers (CFM), to expands the EU’s support for sustainable infrastructure in climate change adaptation sectors across global emerging markets. This investment in CI2 is channelled through the EU’s partner bank, the Dutch Development Bank (FMO) and is the second CFM-managed facility to receive a commitment from the EU, joining the renewable energy focused Climate Investor One (CI1) which also benefitted from EU support. CI2, which…

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