CDFIs Seek Capital Innovation With a Community Focus
At OFN42, leaders explored new ways to fund affordable community finance.
Shakti Sustainable Energy Foundation (Shakti), in collaboration with Intellecap, has launched the ACCLIMATE (Accelerating Civil Society Organizations Towards Climate Mitigation and Technical Excellence) Challenge Fund with an objective to strengthen and help accelerate the work of Civil Society Organizations (CSOs) committed to climate action in India. CSOs stand at the core of the fight against climate change by tackling the climate crisis in India on various fronts. Recognizing CSOs as a dynamic source of strategic and innovative climate action, Shakti and the ACCLIMATE Challenge Fund aims to provide capacity building opportunities in areas that include electric mobility, green hydrogen, sustainable…
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