Welcome to CliFin News: A Curated Summary of the Latest News and Developments in the World of Climate Finance.
Feb 23 2024
Venture Capital Investments: - Vidyut raises $10 million in Series A funding to expand EV financing in India, highlighting the sector's growth...
Feb 20 2024
Bridge Financing: ENERPARC AG secured bridge financing for a 325 MW portfolio of solar PV and hybrid projects with battery storage from Eiffel...
Key Challenges in Climate finance investments
- Lack of an effective and enabling environment for private sector that provides visibility to climate compatible development.
- Government incentives alone are insufficient for larger and complex climate compatible projects.
- Limited awareness of the accessibility potential and requirements of different sources of climate finance
- Limited knowledge in developing countries of the different sources of climate finance, and their applicability for different investment contexts and/ or actions.
- There are few visible ‘investment ready’ projects, with many opportunities requiring further development, due diligence, new financing solutions and changes in regulatory or institutional barriers.