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Swedfund has revealed a $20 million investment in the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund.
The fund backs African companies that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.
“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people. Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous. Through Helios CLEAR we help build the next generation of African climate-focused businesses,” says Gunilla Nilsson, investment director for energy and climate at Swedfund.
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