New facility targets $1bn for emerging market renewables

A new initiative seeking to fast-track renewable investments in emerging markets by seeking capital from investors with different risk-return will launch at next month's United Nations climate conference in Paris. 

The Climate Investor One facility is hoping to raise $1 billion by the end of next year, combining commitments from donor governments with institutional and private equity investments to fund projects from beginning to end. 

Climate Investor One is a partnership between Dutch development bank FMO and South African-based Phoenix InfraWorks.

Read the rest of the story on Low Carbon Energy Investor , Infrastructure Investor's sister publication focused on global energy transition markets