Green Climate Fund Approves FMO’s $137 Million Investment in India
EverSource Capital will execute the approved GCF commitment
April 5, 2021
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The Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund (GGEF), the Dutch development bank will invest $137 million in the energy value chain, water, waste, and transport sectors that promote low carbon and climate-resilient initiatives in line with India’s climate objectives and Sustainable Development Goals.