Climate and impact fund manager Camco have signed a Memorandum of Understanding (MoU) with the intergovernmental organisation, the Pacific Community (SPC), to promote renewable energy and energy efficiency solutions for the sustainable development of the Pacific.
Camco is currently developing the USD100 million blended finance platform, Transforming Island Development through Electrification and Sustainability (TIDES), to provide flexible financing to local developers with the goal of catalysing investment in the Pacific region’s renewable energy sector at scale.
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