CDC invests $70 mn in India’s first dedicated climate change investment fund

Oct 2021 Corporate

CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced an investment of $70 million into the Green Growth Equity Fund (GGEF), India’s first dedicated climate change fund.

The fund is managed by EverSource Capital, a joint venture between Everstone, one of India’s leading private investment groups, and Lightsource BP, BP’s renewable energy platform, CDC said in a statement.

https://www.vccircle.com/cdc-invests-70-mn-in-india-s-first-dedicated-climate-change-investment-fund