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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Market

French fund to put Sh500mln into Kenya’s green projects

Posted on 23 May 2011

Kenyan companies investing in carbon trading projects are set to tap a Sh500 million allocation by French sovereign fund PROPARCO that seeks to finance environmental initiatives. The fund is set to invest an estimated Sh500 million in Kenya targeting projects aimed at cutting carbon emissions.
The investments, to be made in the medium term, will benefit firms engaging in a wide range of environmentally friendly projects, including electricity generation from biomass, solar, hydro, or wind sources……………………………………….Full Article: Source


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